Jithin91
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Amazon bids for Disney's 22 regional sports networks, including YES Network
Amazon's bid includes the New York-based YES Network, which is partly owned by Yankee Global Enterprises.
Apollo Global Management, KKR, Blackstone, Sinclair Broadcast and Tegna are also making first-round bids for the regional networks
Fox, which was seen as a front-runner to acquire back the channels it recently sold to Disney, did not enter a first-round bid.
Fox, which owns the Yes Network with the New York Yankees, was seen as a front-runner to bid for the nearly two dozen regional networks. They broadcast the games of 44 professional teams from Major League Baseball, the National Basketball Association and the National Hockey League.
The second round of bids are expected before year-end and due diligence on the bids begin next week.
Amazon bids for Disney's 22 regional sports networks, including YES Network, sources say
This is a developing story. Check back for updates.
Amazon's bid includes the New York-based YES Network, which is partly owned by Yankee Global Enterprises.
Apollo Global Management, KKR, Blackstone, Sinclair Broadcast and Tegna are also making first-round bids for the regional networks
Fox, which was seen as a front-runner to acquire back the channels it recently sold to Disney, did not enter a first-round bid.
Fox, which owns the Yes Network with the New York Yankees, was seen as a front-runner to bid for the nearly two dozen regional networks. They broadcast the games of 44 professional teams from Major League Baseball, the National Basketball Association and the National Hockey League.
The second round of bids are expected before year-end and due diligence on the bids begin next week.
Amazon bids for Disney's 22 regional sports networks, including YES Network, sources say
This is a developing story. Check back for updates.
