The Latest Breaking News from Diamond

Diamond's against-all-odds escape from bankruptcy liquidation hits a major snag after its Bally Sports carriage deal with Comcast expires and the two sides fail to agree on another temporary extension

With a judge approving the company’s disclosure agreement and setting up a June confirmation hearing, Diamond lawyer says the company has the, er, rubber to the road on exiting Chapter 11, while insisting a just-approved November deadline extension is merely a ‘prophylactic motion’

Just when it seemed like the bankrupt Bally Sports RSN operator had finally turned the corner on its 13-month restructuring, two of its more patient partners have finally had enough of its delays

Under the agreement, Spectrum TV Select Plus customers will also be able to stream Diamond’s RSN content by authenticating with their subscription credentials