Author Topic: Sinclair/Diamond Sports bankruptcy watch  (Read 6632 times)

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Offline nfotiu

  • Posts: 5058
Re: Sinclair/Diamond Sports bankruptcy watch
« Reply #50: September 01, 2022, 10:32:47 PM »
https://www.barrettsportsmedia.com/2022/08/30/diamond-sports-rsn-sale/

It looks like Sinclair is going to try to get rid of these.   

The only thing that could make any sense is for the teams to buy them at a big discount.   Teams can take them on, and have a soft landing as subscribers wind down vs losing their tv deals altogether if they go bankrupt. 

I still think this is going to be a seismic shift for mlb and nhl as there are many teams who get a very large portion of their revenues from RSNs.