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Bally Sports

All articles tagged with #bally sports

sports-business2 years ago

"Amazon's Streaming Deal Threatens Bally Sports' MLB TV Rights and Impacts Diamond-Amazon Deal Across MLB, NBA, and NHL"

Bally Sports' MLB TV rights for the 2024 season are in jeopardy after a surprise deal with Amazon, making them a minority investor in Diamond Sports and the new home for Bally Sports streaming. The deal, which includes offering live access to MLB, NBA, and NHL games through Amazon's Prime Video channels, has raised concerns for MLB, as they were unaware of the agreement and were in the process of finalizing TV rights. The judge overseeing the bankruptcy will need to approve the deal, leaving uncertainty about the future of Bally Sports and its long-term contracts with NBA and NHL.

via Cord Cutters News|
#amazon#bally-sports#diamond-sports
sports2 years ago

"Amazon's Diamond Sports Deal: Impact on Detroit Team Viewing and MN Sports Broadcasts"

Amazon is set to partner with Diamond Sports, the parent company of Bally Sports, as a minority investor in a restructuring deal, potentially making regional sports available on Amazon Prime. The 2024 Detroit Tigers season will be available on Amazon Prime, but details about the inclusion of Red Wings and Pistons games are still unclear. The deal is pending approval and requires further negotiations with the NBA, NHL, and MLB.

via WDIV ClickOnDetroit|
#amazon#bally-sports#detroit-tigers
business2 years ago

"Amazon's Investment Rescues Diamond Sports from Bankruptcy"

Amazon is investing in Diamond Sports Group, the operator of Bally-branded regional sports networks, as part of a plan for the company to emerge from Chapter 11 bankruptcy protection. The investment includes a minority stake in Diamond, and Prime Video will become the primary route for customers to buy Bally Sports streaming access. Additionally, a group of creditors will provide $450 million in financing to help Diamond pay down debt and fund its operations. The plan also involves Sinclair paying $495 million to settle pending litigation with Diamond, and the company will provide ongoing management and transition services to support Diamond's reorganization and separation from Sinclair's operations.

via Deadline|
#amazon#bally-sports#bankruptcy
sports-streaming2 years ago

"Amazon's Impact on Sports Broadcasting: From Braves to Guardians"

Atlanta sports fans may soon be able to watch Hawks games on Amazon Prime Video, as the company has committed to a minority stake in Diamond Sports Group, the parent company of Bally Sports. However, Braves games are not expected to be available on Prime Video at this time due to Bally Sports not having direct-to-consumer rights for the team. The deal could potentially change in the future, but as of now, Braves games will continue to be available through traditional cable and satellite providers. The restructuring agreement and Amazon's investment are subject to approval by the U.S. Bankruptcy Court for the Southern District of Texas.

via The Atlanta Journal Constitution|
#amazon-prime-video#atlanta-braves#atlanta-hawks
sports-business2 years ago

Amazon's Strategic Investments in Sports Broadcasting and Media Industry

Amazon has acquired a minority stake in Diamond Sports Group's Bally Sports regional networks, allowing games televised on Bally Sports channels to be streamed on Amazon Prime, benefiting nearly 40 MLB, NBA, and NHL teams with local television contracts. This move comes as part of Diamond's bankruptcy restructuring, providing a potential stabilizing force in the uncertain television landscape for professional sports teams across the country.

via Yahoo Sports|
#amazon#bally-sports#minority-stake
sports2 years ago

"MLB's Uncertain Broadcast Future: Clarity Nears for 2024, but What Lies Beyond?"

The Twins' TV broadcast future for 2024 remains uncertain as a bankruptcy court hearing that could have provided clarity was delayed by 10 days. The hearing will determine parameters for the Twins and 11 other teams to be shown on Bally channels, with negotiations reportedly ongoing between Diamond Sports and some teams, including the Twins. MLB has reportedly rejected Diamond's attempt to bring in Amazon as a financial partner with streaming rights, adding to the uncertainty surrounding the situation.

via Star Tribune|
#amazon#bally-sports#mlb
sports2 years ago

"Technical Difficulties Cause Angels-Tigers Game to Go Unseen"

The Los Angeles Angels-Detroit Tigers game was not televised due to power outages in the Bally Sports Detroit and Bally Sports West broadcast trucks. The game started on time, but the broadcast was delayed for 35 minutes. The TV broadcasters delivered a radio-style call with technical difficulties on the screen, and there were sync issues between the audio and video. The Angels' radio broadcast managed to continue under difficult conditions.

via Awful Announcing|
#angels-tigers#bally-sports#broadcast
sports2 years ago

Navigating MLB's Broadcast Strategy Post-Bally Controversy

Major League Baseball (MLB) has taken over the television broadcasts of the San Diego Padres and Arizona Diamondbacks after the financial troubles of Diamond Sports and Bally Sports. MLB's senior vice president and executive producer of local media, Doug Johnson, ensured a smooth transition by hiring the necessary personnel and making arrangements for graphics, production trucks, transmission, and commercial insertion. The takeover has resulted in increased accessibility to Padres games and a 14% increase in viewership. MLB made the necessary changes in a short timeframe, compressing what would typically take an entire offseason into 1.5 days.

via Arizona Sports|
#arizona-diamondbacks#bally-sports#broadcasts
sports2 years ago

Diamondbacks' TV deal with Bally Sports in jeopardy as Diamond Sports seeks to end contract.

Diamond Sports Group, the parent company for Bally Sports, has filed an emergency motion requesting that a U.S. Bankruptcy judge reject the group's broadcast agreement with the Arizona Diamondbacks, citing significant losses. The group has been in Chapter 11 bankruptcy proceedings since March and has been ordered to pay the full value of its media contracts to several MLB teams. If the motion is approved, MLB will take over the Diamondbacks' broadcasts, like it did with the San Diego Padres.

via The Arizona Republic|
#arizona-diamondbacks#bally-sports#diamond-sports-group
business2 years ago

Bally Sports Faces Legal and Financial Challenges in MLB Broadcast Rights.

Bally Sports has been ordered to make full payments to nine MLB teams that it owes money to or risk losing TV rights to nine more teams. The deadline to make the payments is June 7th, 2023. MLB has announced a partnership with DIRECTV STREAM and Fubo to offer streaming of games in-market for the Padres. Bally Sports reportedly has the money on hand but has been asking the teams to agree to allow them to also stream games before making the payments.

via Cord Cutters News|
#bally-sports#business#diamond-sports
sports2 years ago

MLB TV drama: Diamond Sports Group ordered to pay up while Padres enter new local broadcast world.

MLB and four teams win court case against Diamond Sports Group, which owes them full payment for broadcasting rights; Ken Rosenthal explains the controversy surrounding ESPN broadcaster Kirk Herbstreit's reaction to a story he reported on; Jayson Stark highlights the wildest stats of the MLB season so far; the Mets sweep the Phillies, and Gary Cohen and Howie Rose will be inducted into the Mets Hall of Fame on Saturday.

via The Athletic|
#bally-sports#kirk-herbstreit#mets
business2 years ago

MLB Teams and Broadcasters Face Financial Turmoil Amidst TV Rights Disputes.

Bally Sports has been ordered by a judge overseeing Diamond Sports' bankruptcy to make full payments to all MLB teams it owes money to or risk forfeiting TV rights to nine more teams. The company reportedly has the money on hand but has been asking for streaming rights before making payments. MLB has announced partnerships with DIRECTV STREAM and Fubo to offer streaming in-market and will sell a streaming service for Padres games. MLB will produce the games going forward for at least the rest of the 2023 MLB season.

via Cord Cutters News|
#bally-sports#bankruptcy#business
sports2 years ago

MLB Takes Over Padres Broadcasts on Bally Sports Amid Regional Sports Network Battle.

Despite Diamond Sports Group's bankruptcy and loss of broadcast rights for the Padres, Braves broadcasts will continue on Bally Sports South as all payments have been made and coverage will continue unchanged. MLB has taken over broadcasting and producing Padres games after Diamond Sports declined to pay its latest rights fee for Bally Sports San Diego. Talks with MLB over streaming rights have not progressed, and Diamond Sports is now trying to get rid of unprofitable contracts.

via The Atlanta Journal Constitution|
#bally-sports#braves#diamond-sports-group
sports2 years ago

MLB Takes Control of Padres TV Payments Amid Regional Sports Network Battle.

Major League Baseball (MLB) will pay the Padres at least 80% of the money owed by Bally Sports for their TV rights this year, according to commissioner Rob Manfred. The guarantee is only for this season and also applies to the 13 other teams whose games are carried by Bally Sports. Bally Sports and its parent company Diamond Sports were the broadcast partner of 14 MLB teams until midnight entering Wednesday, when they ceased to carry Padres games. Diamond and Bally are in bankruptcy proceedings.

via The Athletic|
#bally-sports#diamond-sports#mlb
sports2 years ago

Broadcast Rights Chaos: Padres and Brewers Games in Limbo

Diamond Sports Group, the Sinclair-owned broadcaster that operates Bally Sports Wisconsin, missed a payment to the San Diego Padres, and Padres broadcasts would abruptly get pulled from the Bally Sports platform. It's still developing, but it provides a blueprint of what might happen if Diamond can no longer pay other teams, like the Brewers. The bankruptcy process creates a cloud of uncertainty around the long term future of broadcasts on the network, but there are also reasons to believe the Brewers won't be leaving the network anytime soon.

via Milwaukee Journal Sentinel|
#bally-sports#diamond-sports-group#milwaukee-brewers