Bally Sports parent company files for bankruptcy protection

  • 📰 abc15
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The owner of Ballys Sports has filed for Chapter 11 bankruptcy protection as analysts watch to see if it's a sign of what's to come for the industry. MORE ⬇️

Bally Sports' parent company Diamond Sports Group has filed for Chapter 11 bankruptcy protection which will trigger an immediate separation from Sinclair Broadcast Group, an agreement that began in 2021.

The company revealed details on the filing on Tuesday in a U.S. Bankruptcy Court for the Southern District of Texas.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 263. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Judge may rule it as karma for all the contract disputes over gym memberships that ended up in collections.

MAJOR W

I don’t mind paying extra to watch the Pacers but their app is trash on all platforms. Hope another company gets the broadcast rights sooner than later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines