SPORTS MEDIA

August 23rd, 2019 | by CollegeAD
SPORTS MEDIA
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Sinclair Broadcast Group and the Walt Disney Company have closed their $9.6 billion deal for Sinclair to buy 21 Fox Regional Sports Networks and Fox College Sports. The deal was announced in May after Disney bought the networks as part of its acquisition of Twenty-First Century Fox. The portfolio, which excludes the YES Network, is described as the largest collection of RSNs in the marketplace and includes exclusive local rights to 42 professional teams consisting of 14 Major League Baseball (MLB) teams, 16 National Basketball Association (NBA) teams, and 12 National Hockey League (NHL) teams. Disney was required to divest the 21 regional sports networks as part of its acquisition of 21st Century Fox’s film and TV assets in order to obtain clearance from the U.S. Department of Justice. -Dave McNary, variety. Read More.

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