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Broadcasting Rights

All articles tagged with #broadcasting rights

sports1 year ago

NASCAR Unveils New 2025 Qualifying and Practice Format for Daytona 500

NASCAR has announced revised practice and qualifying formats for the 2025 season, increasing practice times and simplifying starting lineup rules across its national series. The changes include longer group practice sessions, single-round qualifying at most tracks, and specific procedures for different track types. The Daytona Speedweek schedule has also been set, with a new 50-minute practice session before the Daytona 500. Broadcast rights for these sessions will be shared among Prime Video, TNT Sports, FOX Sports, and The CW, as part of a new seven-year media rights deal.

via NASCAR|
#2025-season#broadcasting-rights#daytona-500
sports1 year ago

Penn State's White Out Playoff Game vs. SMU: Why Not in Primetime?

Penn State's College Football Playoff game against SMU will be a White Out but will kick off at noon instead of primetime. This decision was made because ESPN, which sublicensed the game to TNT, chose to air other matchups in primetime slots. ESPN prioritized games like Notre Dame-Indiana and Ohio State-Tennessee for primetime due to their high-profile nature and potential for better ratings.

via PennLive|
#broadcasting-rights#college-football-playoff#espn
sports1 year ago

DAZN Secures Global Broadcast Rights for FIFA Club World Cup

FIFA has secured a $1 billion deal with DAZN to broadcast the 2024 Club World Cup in the United States, making all 63 matches available for free on DAZN's platform. This agreement follows failed negotiations with Apple and allows DAZN to sub-license to local broadcasters. FIFA President Gianni Infantino hailed the deal as making the tournament the most accessible ever, featuring 32 top clubs, including Manchester City and Real Madrid. The tournament will run from June 15 to July 13, with the final at MetLife Stadium in New York.

via The Athletic|
#broadcasting-rights#club-world-cup#dazn
sports-media1 year ago

TNT Secures Rights to Air College Football Playoff Games from ESPN

TNT Sports has secured a five-year sub-licensing deal with ESPN to broadcast College Football Playoff games, starting this season. The agreement includes two first-round games for the first two years and expands to include two quarterfinals in the following three years. The games will be produced by ESPN but branded as TNT Sports. This deal is separate from TNT's ongoing negotiations with the NBA. ESPN retains the majority of CFP rights under its $7.8 billion agreement.

via The New York Times|
#broadcasting-rights#college-football-playoff#espn
sports-business1 year ago

TNT and ESPN Partner for College Football Playoff Broadcasts

Warner Bros. Discovery has signed a five-year sublicensing deal with ESPN to broadcast first-round and quarterfinal College Football Playoff games on TNT, starting this year. The deal, which runs through 2031, allows Warner Bros. Discovery to air two first-round games initially, with additional quarterfinals starting in 2026. Disney retains exclusivity on the championship game and may sublicense a semifinals game in the future. This move bolsters Warner Bros. Discovery's sports offerings amid ongoing negotiations with the NBA and the launch of the Venu Sports streaming service.

via CNBC|
#broadcasting-rights#college-football-playoff#espn
business1 year ago

"Diamond Sports Group Nears Bankruptcy Resolution Amid MLB and NBA Skepticism"

Diamond Sports Group, which holds broadcasting rights for 38 teams across MLB, NBA, and NHL, has been allowed to continue working on a restructuring plan backed by $450 million in financing. Major League Baseball remains skeptical about the plan's viability and the long-term health of Diamond. The next crucial step is the confirmation of the plan, scheduled for June 18, with objections due by May 22. MLB and other partner leagues have expressed concerns, and Diamond is in talks with distributors and pursuing longer-term deals with the NBA and NHL.

via The Athletic|
#bankruptcy#broadcasting-rights#business
sports-business2 years ago

"DSG Bankruptcy: Amazon's Investment and Sports Impact"

Diamond Sports Group has reached a restructuring agreement with debt holders, allowing Amazon to acquire streaming rights for NBA, NHL, and MLB teams. The deal is pending approval from the bankruptcy court, with Amazon set to pay $115MM initially and a possible additional $50MM. Diamond is seeking to renegotiate broadcasting deals with some MLB teams, leaving uncertainty for the affected clubs. Meanwhile, MLB may handle broadcasts for teams without RSN deals, including the Rockies, D-Backs, Padres, and potentially the Guardians, Rangers, and Twins.

via MLB Trade Rumors|
#amazon#broadcasting-rights#dsg-bankruptcy
sports2 years ago

NHL Seeks Emergency Relief from Diamond Sports Group Contracts in Bankruptcy Court

The National Hockey League (NHL) has warned a bankruptcy court that it may seek emergency relief if negotiations with Diamond Sports Group (DSG) over broadcasting rights for 12 hockey teams do not progress quickly. DSG, the parent company of Bally Sports, filed for Chapter 11 bankruptcy and has been battling with MLB over rights fees. The NHL wants certainty for the upcoming season and may request relief from Bally Sports Regional Network contracts if negotiations with DSG do not yield favorable results. The deadline for DSG to file a reorganization plan has been extended by 80 days, but the NHL is concerned about the lack of commitment from DSG for the 2023-2024 season.

via Awful Announcing|
#bankruptcy-court#broadcasting-rights#diamond-sports-group
sports2 years ago

Atlanta Braves Go Public, Leave Liberty Media for Nasdaq Trading

The Atlanta Braves have become the only publicly traded franchise in Major League Baseball (MLB) after shareholders approved a split from their former parent company, Liberty Media. The Braves, trading under ticker symbols "BATRA," "BATRB," and "BATRK" on Nasdaq, are selling shares at a favorable time with a successful team, a new stadium, and a roster of all-stars. Meanwhile, MLB took over broadcasts of the Arizona Diamondbacks' games after Diamond Sports Group, which owned broadcast rights to 14 MLB teams, filed for bankruptcy. MLB's takeover allows for wider distribution and streaming options for fans.

via The Washington Post|
#atlanta-braves#broadcasting-rights#mlb
sports2 years ago

Judge rules Diamond Sports Group must fully pay MLB teams for media contracts.

A bankruptcy judge ruled in favor of Major League Baseball against Diamond Sports, which means Diamond Sports still has to fulfill its end of contracts for the rights to broadcast MLB games. The Arizona Diamondbacks are ordered to still receive the full payment of $18 million. MLB will take over broadcasts of San Diego Padres games beginning Wednesday after Diamond missed a rights fees payment to the regional sports network’s parent company and let the grace period expire.

via Arizona Sports|
#arizona-diamondbacks#bankruptcy#broadcasting-rights
sports2 years ago

Phoenix Suns and Mercury secure new transformative broadcast partnership.

Diamond Sports Group accuses Phoenix Suns of breach of contract and violation of bankruptcy law for leaving Bally Sports Arizona for Gray Television and Kiswe. Suns deny the claims and say they are moving forward with the deal. The new partnership will allow for all non-national exclusive games to be broadcasted on KTVK and KPHE, with nearly 2.8 million households in Arizona projected to be reached. Kiswe will provide a DTC streaming option for fans to access games through a Suns or Mercury branded app.

via The Arizona Republic|
#broadcasting-rights#diamond-sports-group#gray-television
sports2 years ago

Nationals Prevail in MASN Dispute with Orioles in Appellate Court

The New York Court of Appeals has ruled in favor of the Washington Nationals in their dispute with the Baltimore Orioles over local broadcasting fees. The two teams jointly own the Mid-Atlantic Sports Network (MASN), which carries local broadcasting rights for both clubs. The appellate court found the lower court had overstepped its authority in awarding the $105MM in past damages. The organizations have to return to the table to sort out the extent and payment of MASN’s overdue rights fees pursuant to a separate provision of their contract.

via MLB Trade Rumors|
#arbitration#broadcasting-rights#masn
sports2 years ago

MLB files motion to ensure payment for Twins and Guardians games amidst Bally Sports bankruptcy.

Major League Baseball has filed an emergency motion to compel Diamond Sports Group, the parent company of the Cleveland Guardians' broadcast partner Bally Sports, to make a multi-million dollar broadcasting rights payment to the team. If Diamond Sports Group fails to make the payment, the contract between the Guardians and Bally Sports could be terminated, allowing the team and Major League Baseball to regain the broadcasting rights. Bally Sports' ongoing financial woes have left fans anxious, especially given the uncertainty surrounding the situation.

via News 5 Cleveland WEWS|
#bally-sports#bankruptcy#broadcasting-rights
sports2 years ago

DSG Pays Rights Fee to Ensure Padres Games Air on Bally Sports San Diego

Diamond Sports Group, which operates 42 regional sports networks across MLB, the NBA, and the NHL, has paid the San Diego Padres their rights fee, allowing the company to continue broadcasting the team's games. Diamond filed for bankruptcy on March 14 and skipped its Padres payment shortly thereafter, triggering a two-week grace period during which it tried to acquire the team's streaming rights. While Diamond will still be broadcasting all 14 of the major league teams under its umbrella when the regular season begins on Thursday, some teams are expected to be shed eventually, at which point Major League Baseball will likely take over streaming and broadcasting duties at least through the end of the season.

via ESPN|
#bankruptcy#broadcasting-rights#diamond-sports-group