AT&T Sports Networks, which is the group of networks involved, owns a minority stake in an additional RSN that the Mariners control, but it is not part of the proceeding, according to the report.
According to the WSJ, the NBA, MLB and NHL are also being informed by Warner Bros. Discovery of the situation. . “We will continue to engage in private conversations with our partners as we seek to identify reasonable and constructive solutions.”saying the news that Warner Bros. Discovery is looking to leave the RSN business “does not impact the Portland Trail Blazers partnership with Root Sports.”
The latest news comes a week after Diamond Sports Group, the Baltimore-based corporate parent of the 19 Bally Sports channels that air 47 NBA, MLB, NHL andskip a $140 million debt payment due that day and use the month-long grace period as part of its effort to financially reorganize itselfMany observers interpreted that move as a precursor to a Chapter 11 bankruptcy reorganization, though that is not a certainty.
Vegas Golden Knights too, right?
Hate Direct and At&t.
Everything AT&T is crooked. Wireless, DirecTV (they were the worst once AT&T became involved), now this pending bankruptcy....who's gonna get screwed the worst? Their lowly customers. Bankruptcy will screw the creditors then they will reappear with no debt and higher rates
Good maybe I'll be able to watch pirates and penguins games now on hulu