The Houston judge overseeing the bankruptcy restructuring of Diamond Sports Group ruled that the operator of the Bally Sports regional cable channels must disclose sensitive information from its pay TV contracts with its pro-league partners, with some conditions.
“I think they need to see it,” U.S. Bankruptcy Judge Chris Lopez ruled on Friday, declaring that the NBA, NHL and Major League Baseball can’t effectively gauge the viability of Diamond without first reviewing firsthand the subsidiary's biggest revenue sources, distribution deals with Charter Communications, DirecTV and Cox Communications.
