A little cable TV news for our CBAN provider members. According to an article at CableFax, Bally Sports is looking to regain control of the Bally Sports regional sports networks (RSN's) from the now bankrupt Diamond Sports Group.
Bally reportedly offerd $850 million to take control of Diamond Sports, which is waiting for a decision on its request to delay the filing of its Chapter 11 bankruptcy plan to late this month.
There are a total of 39 professional MLB, NBA, and NHL teams under the Bally Sports banner.
Broadband Bytes News
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