Amazon Explores Investment in Diamond Sports, Reports WSJ

1 min read
Source: The Wall Street Journal
Amazon Explores Investment in Diamond Sports, Reports WSJ
Photo: The Wall Street Journal
TL;DR

Amazon is in talks to invest in Diamond Sports Group, the biggest regional-sports programmer, as part of its aggressive push into sports content and competition with streaming rivals like Disney and Netflix. Diamond Sports Group, which carries the games of over 40 major sports teams, is actively negotiating with Amazon for a strategic investment and a multiyear streaming partnership.

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