Amazon bids for Disney's 22 regional sports networks, including YES Network, sources say. | The Boneyard

Amazon bids for Disney's 22 regional sports networks, including YES Network, sources say.

The remainder of Fox dropped out of contention for bidding on the RSNs. Only Sinclair seems to be left before they are sold piecemeal. Not a great look for sports on tv.
 
uconnfan68 said:
The remainder of Fox dropped out of contention for bidding on the RSNs. Only Sinclair seems to be left before they are sold piecemeal. Not a great look for sports on tv.
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And Sinclair is under the microscope right now. If they win such a bid, some Democrat somewhere is going to raise a stink...

https://www.washingtonpost.com/news...g-reach/?noredirect=on&utm_term=.789f933102b1

And yes i know that the Post is owned by Bezos, who is not on the President's Holiday card mailing list.
 


>>Disney did attract second-round offers by Thursday’s deadline from potential buyers including Sinclair Broadcast Group Inc., Apollo Global Management and Major League Baseball, according to people familiar with the sale process. But the proposals valued the remaining networks at roughly six to eight times earnings before interest, taxes, depreciation and amortization, the people said.<<
 
.-.
huskymedic said:


>>Disney did attract second-round offers by Thursday’s deadline from potential buyers including Sinclair Broadcast Group Inc., Apollo Global Management and Major League Baseball, according to people familiar with the sale process. But the proposals valued the remaining networks at roughly six to eight times earnings before interest, taxes, depreciation and amortization, the people said.<<
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Sinclair would be a hard sell due to political issues...
 
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