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The Latest Breaking News from Debtors

Judge Refuses To Make Bankrupt Diamond Give Up Sensitive Pay TV Deal Data

Meanwhile, Major League Baseball delivers another zinger: ‘Nothing Diamond has ever done has been about maximizing profit’

Multichannel News

MLB: Bankruptcy Court Needs to Finally Stop Diamond From Continuing to 'Stumble Through the Restructuring Process' After Its 'Failure' to Secure Comcast Distribution Deal

Loss of Comcast revenue renders Bally Sports RSN operator's restructuring plan 'unconfirmable,' league lawyers say in Tuesday court motion

Broadcasting & Cable

Groundhog Day?: NBA and NHL 'Deeply Concerned' About Diamond Sports' Latest Restructuring Plan Extension

Just when it seemed like the bankrupt Bally Sports RSN operator had finally turned the corner on its 13-month restructuring, two of its more patient partners have finally had enough of its delays

Broadcasting & Cable

From analysis to the latest developments in health,
read the most diverse news in one place.

The company has between $500 million and $1 billion in debt.

The Street

Sinclair's Diamond Sports Group Settles With Former President Steve Rosenberg, Keeps Him on As 'Consultant,' Structures Repayment of His $344K Golf Club Membership

The longtime Universal TV exec was fired from the bankrupt RSN distributor back in March

Broadcasting & Cable

Bankrupt Diamond Moves to Cut the MLB's Diamondbacks Loose From Bally Sports Arizona

Like the San Diego Padres, the club likely will soon be working with Major League Baseball to present their own local telecasts

Broadcasting & Cable

Diamond Appears Ready to Cut More MLB Clubs Loose from Bally Sports as Hard Deadline To Pay the Texas Rangers Approaches

‘The debtors are in the process of determining whether to assume or reject one or more of the agreements,’ the Sinclair subsidiary tells the court

Multichannel News

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Federal Judge Blasts SEC for Poorly Argued Attempts To Claim Cryptocurrencies Must Be Regulated by Them

SEC agents cannot explain to a federal judge what its policies and attitudes regarding virtual currencies are—or how they are going to impact the industry.

Reason

FTX Collapse: 50 Creditors Seeking $3 Billion

The top 10 creditors of bankrupt FTX said they are owed $1.45 billion.

People

From analysis to the latest developments in health,
read the most diverse news in one place.

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