The latest salvo from MLB is another indication that the league is eager to be quits with Diamond as a broadcasting partner.
Anyone following the Diamond Sports Group bankruptcy case since the company filed for Chapter 11 protections in March 2023 knows that its relationship with Major League Baseball is not an amicable one. The MLB is anxious to get its teams away from Bally Sports regional sports networks (RSNs), as cord-cutting has made the entire Rsn model highly unstable. Diamond’s reorganization plan for emerging from bankruptcy as a going concern hinges on its ability to make a new carriage deal with Comcast, but the last deal between the two lapsed without an extension or new agreement being reached. Now, Bally Sports channels are unavailable for Comcast cable subscribers, and MLB lawyers joined with NBA and NHL representatives at a virtual bankruptcy court hearing this week to express their concerns with the way Diamond is proceeding.
Anyone following the Diamond Sports Group bankruptcy case since the company filed for Chapter 11 protections in March 2023 knows that its relationship with Major League Baseball is not an amicable one. The MLB is anxious to get its teams away from Bally Sports regional sports networks (RSNs), as cord-cutting has made the entire Rsn model highly unstable. Diamond’s reorganization plan for emerging from bankruptcy as a going concern hinges on its ability to make a new carriage deal with Comcast, but the last deal between the two lapsed without an extension or new agreement being reached. Now, Bally Sports channels are unavailable for Comcast cable subscribers, and MLB lawyers joined with NBA and NHL representatives at a virtual bankruptcy court hearing this week to express their concerns with the way Diamond is proceeding.
- 5/16/2024
- by David Satin
- The Streamable
Talks between the league and Diamond Sports Group could still fall apart, but this is the closest the two parties have been to a deal in over a year.
Major League Baseball is looking to the future, but its 2024 broadcasting arrangements may keep it rooted in the past for at least one more year. Numerous reports indicate that the league is closing in on a deal with the bankrupt Diamond Sports Group (Dsg), the channel-owner that holds the broadcasting rights to show local games of 11 MLB teams on Bally Sports regional sports networks (RSNs).
The framework of a deal between MLB and Bally Sports channels would keep live games on those channels for the 2024 season. The deal is not yet complete and could see one more team leave Bally Sports channels. A hearing to potentially finalize the deal is scheduled for Jan. 10. 7-Day Free Trial $19.99+ / month ballysports.com Are MLB...
Major League Baseball is looking to the future, but its 2024 broadcasting arrangements may keep it rooted in the past for at least one more year. Numerous reports indicate that the league is closing in on a deal with the bankrupt Diamond Sports Group (Dsg), the channel-owner that holds the broadcasting rights to show local games of 11 MLB teams on Bally Sports regional sports networks (RSNs).
The framework of a deal between MLB and Bally Sports channels would keep live games on those channels for the 2024 season. The deal is not yet complete and could see one more team leave Bally Sports channels. A hearing to potentially finalize the deal is scheduled for Jan. 10. 7-Day Free Trial $19.99+ / month ballysports.com Are MLB...
- 12/18/2023
- by David Satin
- The Streamable
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