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The Latest Breaking News from Diamond

Local broadcasts for 11 NHL teams will remain on Bally Sports after agreement

The NHL and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 11 teams on Bally Sports through the end of this season

The Independent UK

Tentative Deal Between Diamond Sports Group and MLB Reportedly Pays 9 Teams Their Full Bally Sports Bill, While the Twins, Guardians and Rangers Get Take-It-or-Leave-It Cut-Rate Offers

Major League Baseball has reportedly also floated a provision that would have it seize Diamond's 20% stake in the YES Network if the bankrupt RSN subsidiary reneged on the terms of the agreement

Broadcasting & Cable

Amazon in talks to invest in bankrupt company in move that could change the streaming world

The company continues to try to bolster Prime Video.

The Street

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Genius Move? Amazon Reportedly in Talks to Bail Out Bankrupt Bally Sports RSNs

Amazon may be close to acquiring a huge chunk of live NBA, MLB and NHL sports rights from a suitor that doesn't have a lot of leverage

Broadcasting & Cable

Amid Diamond's Apparent Detente With MLB, Twins Return to Bally Sports Remains Doubtful

With the pro baseball club exploring alternative local sports arrangements, a source close to Bally Sports North said he's not 'overly optimistic' the team will return to the RSN

Broadcasting & Cable

Diamond and MLB Make Peace? They Mediate a Framework to Keep 11 Pro Baseball Teams on Bally Sports Channels Through 2024

Lawyers for the Texas Rangers said they might be willing to take a haircut on local TV rights in order to keep Bally Sports Southwest around for one more season

Broadcasting & Cable

Bruce earns netball's Liz Ellis Diamond for second time

Defender Courtney Bruce has won netball's Liz Ellis Diamond for a second year but the awards were boycotted by Super netballers due to their pay dispute.

AAP

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Key sports company stares down Chapter 7 bankruptcy

The company faces a significant risk of being liquidated or greatly diminished.

The Street

Sinclair Lawyer: Bankrupt Diamond Sports Group ‘Is Now Going To Shut Down’

Outside counsel David Seligman said the subsidiary’s plan to keep its Bally Sports channels going for another year will inevitably lead to liquidation, not a rebirth

Broadcasting & Cable

Minnesota Twins Set to Cut Payroll Amid Almost Certain Departure From Bankrupt Bally Sports RSN

The MLB team’s contract with operator Diamond Sports Group has expired, and the club is weighing other local TV options

Broadcasting & Cable

Gray Reports $53 Million Loss for Third Quarter

Diamond Sports bankruptcy causes $43 million charge against earnings

Broadcasting & Cable

Bankrupt Diamond Reaches Deal to Keep NBA Teams on Bally Sports Through This Season (But Beyond That? Who Knows?)

RSN and DTC rights revert back to the league after the 2023-24 NBA season; similar NHL agreement is 'pending,' Diamond says

Broadcasting & Cable

Royal Caribbean makes a big change that hints at something bigger

The cruise company has given customers something they really want, but that may be just the beginning.

The Street

Sinclair Is Reportedly Offering $850 Million to Buy Back Diamond Sports Group Out of Bankruptcy

Sinclair is being sued by its former subsidiary for $1.5 billion

Broadcasting & Cable

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Guitar World

“Go into your local shop and pick one up… just try not to kill anyone with it”: How Five Finger Death Punch’s Andy James made one of the most dangerous signature guitars of all time

Now armed with the B.C. Rich Assassin and its lethal Pitchfork headstock, the British shredder reveals what made him jump ship from Kiesel and ESP Guitars, what his last-minute FFDP initiation was really like, and why he couldn’t find any tube amps that “sounded as good and dependable as the…

Sports Illustrated

MLB Planning to Broadcast Diamondbacks, Padres Games in 2024

Amid uncertainty about the regional sports network model, commissioner Rob Manfred made clear that the league will air games for at least the two NL West clubs next season.

The Guardian - UK

‘Demand interestingness’: Thomas Heatherwick rails against boring buildings

Designer says soulless structures make people stressed and lonely as he launches book and campaign

The Independent UK

Science facility which kickstarted UK’s Covid drug development gets £500m

The Diamond Light Source, which is 10,000 times more powerful than a traditional microscope, has made ground-breaking health discoveries.

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Broadcasting & Cable

Bally Sports Fight Gets Even Nastier: Sinclair Tells Its Bankrupt Diamond Subsidiary, Either Pay Us $140 Million For Our Management Services Or Don't Use Them Anymore

The acrimony is getting intense between Sinclair and the subsidiary it set up four years ago to manage its Bally Sports regional channels

Broadcasting & Cable

Sinclair 'Milked' Bally Sports Subsidiary Out of More Than $1.5 Billion, Diamond Sports Group Suit Says

Also, a source close to Diamond's secondary creditors tells Next TV he believes the bankrupt subsidiary will emerge from restructuring intact

Broadcasting & Cable

Sinclair CEO Chris Ripley: Despite Diamond Disappointment, Sports Is Still the Broadcaster's Crown Jewel (Bloom)

Ripley and Sinclair look to move beyond their bankrupt RSN subsidiary and onto new means and ways to distribute live sports

Broadcasting & Cable

Did the Other Skate Just Drop? NHL Tells Bankruptcy Court It Might Want to Ice Its Bally Sports Deals

After the judge gave Diamond Sports Group another 80 days to come up with a restructuring plan, hockey told the court it might seek 'injunctive relief' if the whole mess can't be sorted out soon

Broadcasting & Cable

Broadcasters Nexstar, Sinclair, Gray and Scripps in Talks With the NBA and NHL, Also Looking to Step in on Abandoned RSN Deals

With bankrupt Diamond Sports Group possibly ditching unprofitable NBA and NHL agreements, and WBD exiting the regional sports channels biz, Disney/ESPN, Apple, Amazon and Google have also kicked the tires on acquiring local TV rights

Broadcasting & Cable

Bally Sports Bankruptcy: Disney, Apple, Amazon and Google Reportedly Ready to Pounce on Any and All Abandoned NBA Local TV Deals

As the restructuring of Sinclair's Diamond Sports enters its sixth godforsaken month, somewhere, a lonely, anonymous source -- a lawyer or PR guy maybe? -- works the craven tools of the national press

Broadcasting & Cable

Bally Sports Bankruptcy: Summer MLB Drama Gives Way to Fall Pay TV Carriage Wars

Diamond Sports Group must renew distribution agreements covering nearly half of U.S. pay TV homes

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