Bally Sports’ Regional Sports Networks Plummet in Value, Losing Nearly $20 Billion in Six Years
The regional sports network (RSN) industry is facing a dramatic decline, with Diamond Sports Group’s portfolio of Bally Sports networks losing a staggering amount of value in just six years. According to CNBC analyst Mike Ozanian, the equity valuation of these networks has plummeted from $20 billion in 2018 to a mere $600 million today. […]
Bally Sports Rebrands Regional Networks as FanDuel Sports Network
Diamond Sports Group, the owner of a vast network of regional sports channels, and FanDuel, a leading online gaming company, have joined forces in a sweeping commercial partnership that will significantly reshape the sports media landscape. This collaboration will bring a new name and a host of integrated features to Diamond’s 16 regional sports networks […]
Bally Sports RSNs Will Be Rebranded as FanDuel TV Pending Court Approval
Diamond Sports Group, the embattled broadcaster of Bally Sports regional sports networks (RSNs), is undergoing yet another transformation. Just as the NHL season gets underway and the NBA season approaches, the company announced a new naming rights deal with FanDuel, the prominent sports betting platform owned by Flutter Entertainment. This marks the third name change […]
Bally Sports Will Drop TV Rights to 11 MLB Teams As Its Bankruptcy Continues
Diamond Sports Group, the owner of the Bally Sports regional sports networks, has announced a dramatic downsizing of its Major League Baseball coverage. The company, currently broadcasting games for 12 MLB teams, plans to drop all but one team – the Atlanta Braves – from its 2025 lineup, according to a report from The Athletic. […]
Amazon in Talks to Become New Streaming Home for Select MLB, NBA, and NHL Teams From Bally Sports
In a potential game-changer for sports fans, Amazon is reportedly in talks to take over the in-market streaming rights for several Major League Baseball (MLB), National Basketball Association (NBA), and National Hockey League (NHL) teams currently broadcast by Bally Sports. This news comes just weeks after Amazon reportedly walked away from a $115 million deal […]
Bally Sports Secures NBA, NHL Rights Through 2024-2025, But Will Drop Two Teams
In a significant development for sports broadcasting, Bally Sports’ parent company, Diamond Sports Group, announced today a deal to retain broadcasting rights for the majority of NBA and NHL teams through the 2024-2025 seasons. However, the agreement does not include the Dallas Mavericks and the New Orleans Pelicans, leaving their future broadcast plans uncertain. “We […]
Comcast And Diamond Sports Group Reach Carriage Deal, Ending 3-Month Blackout Of 15 Regional Sports Networks
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Bally Sports May Be Saved At The Last Second Thanks to a Possible New Deal With Comcast
Last May, Comcast dropped the regional sports networks (RSNs) Bally Sports from its lineup. According to Bally Sports, Comcast wanted to move the network to a more expensive package. This move could result in Bally Sports not being able to move forward. The news that Bally Sports was dropped by Comcast was quickly followed by […]
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