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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Groundhog Day?: NBA and NHL 'Deeply Concerned' About Diamond Sports' Latest Restructuring Plan Extension

Bally Sports.

Let's not turn the page just yet on the long, arduous 13-month bankruptcy restructuring of Diamond Sports Group -- the NBA and NHL filed motions last week indicating they're "deeply concerned" about the company's latest attempt to further delay the proceedings. 

The operator of the Bally Sports local cable channels seemed to have achieved a pivotal milestone in its arduous journey to avoid liquidation earlier this month, when it announced a carriage agreement with top U.S. pay TV operator Charter Communications. 

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