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

[huskymedic]

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

 

[browndog319]

Is there anything Amazon can't do?

 

[huskymedic]

Quite the circus... Fox RSN auction hits 1st-round snag as MLB presses bankers on digital rights pitch

 

[uconnfan68]

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.

 

[DarthGrumpy]

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.

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.

 

[huskymedic]

>>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.<<

 

[DarthGrumpy]

>>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.<<

Sinclair would be a hard sell due to political issues...

 

[huskymedic]

 

[whaler11]

YES is worth more than the actual baseball team...
I get it... but it seems like a valuation with an incredible amount of risk.