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Articles for Bally, search results for rsn

Can Amazon save the Bally RSNs? Understanding what’s next for broadcaster
10 months, 3 weeks ago

Can Amazon save the Bally RSNs? Understanding what’s next for broadcaster

New York Times  

Amazon wants to invest in Diamond Sports Group, the embattled regional sports network operator, so Diamond can continue operating after this year. “Same thing where you can buy Paramount Plus there.” It’s not clear whether Prime would be the exclusive way to access the package, a person briefed on Diamond’s plans said. A press release said Amazon would be Diamond’s …

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RSN armageddon? What fans can expect as likely Bally Sports bankruptcy looms
1 year, 9 months ago

RSN armageddon? What fans can expect as likely Bally Sports bankruptcy looms

New York Times  

Bankruptcy, media giants walking away from team contracts, leagues scrambling to throw liferafts. Diamond Sports, the company that owns the Bally Sports Regional Network, which carries 14 MLB teams, 16 in the NBA, and 14 NHL squads on 19 RSNs, will likely file for bankruptcy protection this week. Meanwhile, Warner Brothers Discovery said in a statement it will walk away …

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MLB creates economic reform committee in wake of Mets’ spending, Bally RSN woes
1 year, 10 months ago

MLB creates economic reform committee in wake of Mets’ spending, Bally RSN woes

New York Times  

PORT ST. LUCIE, Fla. — In the wake of Steve Cohen’s spending and the financial turmoil at Bally regional sports networks, Major League Baseball has started an “economic reform committee.” Less than a year after MLB and the Players Association came to an agreement to end the 2021-22 lockout, the committee’s formation emphasizes that some MLB owners are unhappy enough …

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What the Bally Sports saga means for NBA, NHL, MLB broadcasts: All you need to know
1 year, 10 months ago

What the Bally Sports saga means for NBA, NHL, MLB broadcasts: All you need to know

New York Times  

If you have questions about the future of your team’s live games on your local cable, satellite or digital provider, particularly those on Bally Sports channels, we’re here to answer with what we know so far. Diamond Sports Group, the Baltimore-based corporate parent of the 19 Bally Sports channels that air 47 NBA, MLB, NHL and WNBA teams, announced Feb. …

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NBA viewership grows despite RSN troubles as league banks on future deals
1 year, 10 months ago

NBA viewership grows despite RSN troubles as league banks on future deals

New York Times  

The NBA’s scoring is up and its storylines are compelling, fueling enormous social media growth and helping keep TV ratings flat in an era of dwindling television usage. The league’s national games on ABC, ESPN and TNT are averaging 1.6 million viewers, which the NBA said is up 1 percent over last season, per Nielsen data. NBA games on Christmas …

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What could a Bally Sports bankruptcy mean for RSNs’ team deals?
1 year, 10 months ago

What could a Bally Sports bankruptcy mean for RSNs’ team deals?

New York Times  

Diamond Sports, which operates the Bally Sports Regional Networks and its 19 channels, could soon file for bankruptcy protection. Bloomberg last month reported, “Diamond will probably skip a mid-February $140 million interest-only payment servicing around $8.6 billion in debt as it prepares for a Chapter 11 restructuring.” All this has led to predictions of gloom and doom for the 42 …

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Bally Sports reports subscriber losses, lower cash flow as RSN model teeters
2 years ago

Bally Sports reports subscriber losses, lower cash flow as RSN model teeters

New York Times  

Diamond Sports owns 19 regional sports channels airing games of 42 NBA, MLB and NHL teams, feeding those clubs substantial sums that cover a large part of their player payrolls. Times are generally good for the economics of these sports, but hovering over these teams is the very real possibility Diamond could file for bankruptcy, or perhaps even restructure what …

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