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The Latest Breaking News from Diamond

Bally Sports Looks Like It’s Bailing on the Cleveland Guardians and Minnesota Twins

Sinclair’s Diamond Sports Group misses the payment deadlines for more MLB teams

Multichannel News

Local broadcasters are crucial for MLB. Now many are in trouble

One of baseball’s largest broadcasters has filed for bankruptcy. But even with some revenue streams threatened, teams are rising in value

The Guardian - US

Opening day a go on Bally Sports San Diego after Diamond Sports makes Padres payment

SAN DIEGO — Bally Sports San Diego's parent company made its first rights fee payment to the Padres ahead of Wednesday's 11:59 p.m. deadline, assuring its broadcast of opening day against Colorado Rockies would go off without a hitch.

Tribune News Service

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Regional Sports Networks Are In Trouble But How Did They Get There?

Billions of dollars are owed and nut the money is not there to pay the bills

Zenger

Longtime Universal TV Exec Steve Rosenberg Out as President of Diamond Sports Group

Bankrupt operator of the Bally Sports regional sports networks sheds another Sinclair-appointed exec as it tries to get right with Major League Baseball

Multichannel News

Sinclair's Diamond Officially Misses $31 Million Diamondbacks Payment, Sets Up Tense Bally Sports Bankruptcy Reorg Negotiations With MLB

No, Diamond did not enter Chapter 11 armed with an agreed-upon restructuring plan that everyone is cool with

Multichannel News

Tony Paul: What does TV broadcast future look like for Tigers, Wings and Pistons?

DETROIT — It's a crisis, to be sure. But the sky's not falling. At least, not yet.

Tribune News Service

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Major sports broadcaster files for bankruptcy in huge blow for MLB, NBA, NHL

Diamond Sports Group has filed for bankruptcy just days before they were set to broadcast a large part of the Major League Baseball season, but they're committed to work though it

Daily Mirror

Sinclair Broadcast’s Diamond Sports Group, which airs games for 14 MLB teams, files for bankruptcy protection

Diamond Sports Group, a struggling subsidiary of Sinclair Broadcast Group that owns regional sports networks, filed for a bankruptcy reorganization late Tuesday, burdened by more than $8 billion in debt.

Tribune News Service

Bally Sports networks’ owner files for bankruptcy

Diamond Sports Group filed for Chapter 11 bankruptcy protection. Diamond’s networks have the rights to 42 professional teams — 14 baseball, 16 NBA and 12 NHL. The Cubs and White Sox aren’t affected by the move.

Chicago Sun-Times

Bally Sports owner files for Chapter 11 bankruptcy

Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection on Tuesday

The Independent UK

Sinclair’s regional sports unit files for Chapter 11 bankruptcy

Sinclair Broadcast Group’s big bet on regional professional sports veered into Bankruptcy Court on Tuesday as the company’s unit that broadcasts local games filed for Chapter 11 protection.

Los Angeles Times

Bus operators stepping in to save services set to be axed announced

Seven bus services in Greater Manchester are affected

Manchester Evening News

MLB could take over local broadcasts for 17 teams

The Cubs and White Sox would not be affected by any broadcast reshuffling.

Chicago Sun-Times

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The Independent UK

MLB sets up local media group, could broadcast 17 teams

Major League Baseball has added three executives to its new local media department as it prepares for a possible takeover of local broadcasts for 17 teams amid the financial deterioration of the Bally and AT&T SportsNet regional sports networks

Tribune News Service

What will NBA do if Bally Sports goes bankrupt? Commissioner Adam Silver talks TV concerns.

SALT LAKE CITY — Issues with Bally Sports’ financial outlook and broadcast access have reached All-Star status.

Manchester Evening News

Seven bus services in Greater Manchester saved costing £2.5m

It follows Diamond's decision to cut services after missing out on a major contract to run some of the first publicly control buses

Sports Illustrated

MLB Indicates Path for Potential End of Local Blackouts for Some Teams

The move may happen if the financially troubled parent company of Bally Regional Sports networks defaults its MLB broadcast rights.

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The Independent UK

Manfred: MLB prepared for whatever happens with Diamond

Baseball Commissioner Rob Manfred says the league is prepared for whatever happens with Diamond Sports Group after the financially troubled parent company of 19 Bally Sports regional networks skipped about $140 million in interest payments

Tribune News Service

Sinclair Broadcast’s Diamond Sports misses debt payment, setting up potential bankruptcy filing

A struggling subsidiary of Sinclair Broadcast Group that owns regional sports networks has opted to miss a debt payment due Wednesday, setting up a potential bankruptcy reorganization.

The Independent UK

MLB prepared to take over local TV broadcasts from Sinclair

About $1 billion of Major League Baseball’s revenue is at risk if a cable television company fails to make payments for local broadcasting rights to 14 teams, and the sport is preparing to take over telecasts

The Guardian - AU

Gretel Bueta’s World Cup absence sends ripples through Australian netball

The loss of the pregnant Diamonds star forces coach Stacey Marinkovich to pivot and reassess the whole attack end

Chicago Sun-Times

MLB creates economic group as regional TV broadcaster faces bankruptcy

Baseball executives have said that the sport needs to prepare in the event that rights-fee payments are not made by Diamond Sports Group. Diamond owns local broadcasting rights to 14 of the 30 MLB teams,

Manchester Evening News

'We have no trains, no trams - now they're getting rid of our lifeline bus service'

Heywood residents are urging bosses to think again over plans to scrap the 163 bus service to Manchester city centre

Manchester Evening News

Andy Burnham will 'pull out all the stops' to save bus services under threat

Diamond announced cuts to services in and around Bolton last week

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