The nation’s largest broadcaster has just made a major sports play.
Check out this story on USATODAY.com: https://www.usatoday.com/story/money/media/2019/05/03/disney-sinclair-reportedly-have-10-b-deal-21-regional-sports-tv-networks/3662672002/.
Check out this story on USATODAY.com: https://www.usatoday.com/story/money/media/2019/05/03/disney-sinclair-reportedly-have-10-b-deal-21-regional-sports-tv-networks/3662672002/Österreich Neuesten Nachrichten, Österreich Schlagzeilen
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Sinclair Broadcast Group is buying 21 regional sports networks from DisneyWalt Disney Co., which inherited the channels as part of its $71 billion deal for much of 21st Century Fox, had hoped to recoup as much as $20 billion for the regional sports networks, including Prime Ticket and Fox Sports West in LA. But a frenzied bidding war failed to materialize.
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Sinclair to buy 21 regional sports networks from Disney at $10.6 billion valuationStocks rose Friday as data showed U.S. job creation was stronger than expected in April.
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Disney is selling 21 regional sports networks to Sinclair in a $10.6 billion dealDisney was required to sell the networks to receive approval for its $71 billion acquisition of Fox's assets.
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Sinclair Broadcast Group is buying 21 regional sports networks from Disney for $9.6 billionWalt Disney Co., which inherited the channels as part of its $71 billion deal for much of 21st Century Fox, had hoped to recoup as much as $20 billion for the regional sports networks, including Prime Ticket and Fox Sports West in LA. But a frenzied bidding war failed to materialize.
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Why Disney Took a Big Haircut on SportsThe last act in Disney’s deal drama has been its search for a buyer of the 22 regional sports networks it acquired as part of its takeover of 21st Century Fox. The lucky winner is Sinclair Broadcast Group, and the deal looks as good for Sinclair as it is disappointing for Disney.
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'Avengers' Box Office: Why Disney Might Not Want 'Endgame' To Top 'Force Awakens' And 'Avatar''Avatar 2' will be harder to sell next year if 'Avatar' is no longer the biggest global grosser ever.
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4 Takeaways From Sinclair's Acquisition Of Fox Regional Sports Networks From DisneyAfter government regulators prevented Sinclair from acquiring Tribune last year, with its reported acquisition of 21 regional sports networks for $10 billion, it is rapidly moving into local sports.
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Can You Correctly Guess Which Disney Movie These Lyrics Are From?Let's see how much of an expert you are.
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