Parent company of regional sports networks misses $140M in payments. Here’s what it means for TV viewers.

  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 91%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The financially troubled parent company of regional sports networks that own the broadcast rights to 42 U.S. professional sports teams skipped about $140 million in interest payments due Wednesday.

The missed payments by Diamond Sports Group started a 30-day grace period that could be the prelude to a bankruptcy filing, which could lead to changes in how televised games are made available to viewers.

Diamond is a subsidiary of Sinclair Broadcast Group Inc. and owns the 19 Bally Sports regional networks, which broadcast games of 14 Major League Baseball, 16 NBA and 12 NHL teams.

Diamond has nearly $1 billion in rights payments, mostly to baseball teams, due in the first quarter this year.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Tim Hortons franchisees spar with parent company RBI as rising cost of goods squeezes profitsTim Hortons franchisees spar with parent company RBI as rising cost of goods squeezes profits — via financialpost
출처: TheStarPhoenix - 🏆 253. / 63 더 많은 것을 읽으십시오 »