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Regional Sports Networks

All articles tagged with #regional sports networks

Prime Video Secures Local NHL Streaming for Six Teams
business1 day ago

Prime Video Secures Local NHL Streaming for Six Teams

Prime Video will become the exclusive local streaming home for six NHL teams—Carolina Hurricanes, Anaheim Ducks, Columbus Blue Jackets, Dallas Stars, Minnesota Wild and St. Louis Blues—in their regional markets starting with the 2026-27 season, with each club setting its own subscription details; Ducks and Stars move from Victory+ to Prime, while the NHL centralizes production for others amid a fractured regional-sports-network landscape; Seattle Kraken games are already on Prime in its local market.

NHL Local Games Move to Prime Video, Fueling Streaming Shuffle
sports2 days ago

NHL Local Games Move to Prime Video, Fueling Streaming Shuffle

Six NHL teams—Carolina Hurricanes, Anaheim Ducks, Columbus Blue Jackets, Dallas Stars, Minnesota Wild, and St. Louis Blues—will stream their in-market games on Prime Video, with varying package options and some games excluded for national telecasts; ESPN+ remains the out-of-market rights holder, and fans face a growing, often confusing streaming landscape as teams balance Prime Video with existing platforms, leading to streaming fatigue.

Lakers’ TV future hangs in balance as Spectrum eyes exit amid Kushner–Iger bid
business14 days ago

Lakers’ TV future hangs in balance as Spectrum eyes exit amid Kushner–Iger bid

Spectrum’s potential exit from the Lakers’ regional sports network and the Dodgers’ SportsNet LA, part of Charter’s Cox takeover, threatens the Lakers’ roughly $200 million-a-year local revenue as Kushner and Iger prepare to buy the team. With cord-cutting shrinking cable audiences and the NBA weighing a centralized streaming hub, local rights economics could shift, adding uncertainty to the Lakers’ sale while owner Mark Walter faces a federal probe.

DAZN to Host New York Games as Gotham App Winds Down
business1 month ago

DAZN to Host New York Games as Gotham App Winds Down

YES Network and MSG Networks will move local-game streaming from the Gotham Sports app to DAZN, covering Yankees, Knicks, Rangers, Islanders, Devils, Nets and Sabres; the migration begins in the 2026-27 season, with existing cable subscribers able to stream for free on DAZN, as regional sports networks face cord-cutting pressure and seek new subscribers.

Multiple MLB Teams Cancel Broadcast Deals Amid Network Uncertainty
business7 months ago

Multiple MLB Teams Cancel Broadcast Deals Amid Network Uncertainty

The Detroit Tigers and other MLB teams are canceling their TV contracts with FanDuel Sports Network due to financial instability within the network, which is struggling to stay afloat amid industry-wide challenges and potential bankruptcy. Teams are exploring alternative broadcasting options, including moving to MLB's own media platform, as the regional sports network industry faces declining revenues and viewership shifts to streaming.

MLB to Manage Reds' Broadcasts Starting 2025
sports1 year ago

MLB to Manage Reds' Broadcasts Starting 2025

Major League Baseball (MLB) will take over the Cincinnati Reds' local broadcasts starting in 2025, offering both traditional TV and a new direct-to-consumer streaming option without blackouts. This move comes as the regional sports network model struggles due to cord-cutting, with MLB already handling broadcasts for several other teams. The Reds' previous broadcaster, Diamond Sports Group, is reducing its portfolio after bankruptcy, leading to MLB's expanded role. While the streaming model offers fans more flexibility, it may initially reduce revenue for teams like the Reds, who previously benefited from lucrative cable deals.

Amazon Prime Video Expands Sports Streaming with Regional Channels
business1 year ago

Amazon Prime Video Expands Sports Streaming with Regional Channels

Diamond Sports Group has reached a multiyear agreement with Prime Video to offer its 16 regional sports network channels as an add-on subscription, expanding its reach to fans in 31 states. This partnership is part of Diamond's efforts to reorganize amid Chapter 11 bankruptcy proceedings, with a final hearing on its reorganization plan scheduled soon. The company will also offer single-game pricing for NBA and NHL games starting December 5, alongside monthly and season pass options.

MLB Offseason 2024: Top Free Agents, Rumors, and Predictions
sports1 year ago

MLB Offseason 2024: Top Free Agents, Rumors, and Predictions

The MLB offseason is poised for potential activity following productive general manager meetings, with starting pitching expected to be the most dynamic market segment. The collapse of regional sports networks, particularly affecting small-market teams, complicates financial landscapes, but some teams are prepared to spend on top free agents like Juan Soto and Corbin Burnes. The disparity in local TV revenue could influence market dynamics, with stable RSN situations benefiting larger teams.

MLB and Reds Challenge Diamond Sports' Reorganization Amid New TV Deal
sports-business1 year ago

MLB and Reds Challenge Diamond Sports' Reorganization Amid New TV Deal

Major League Baseball and the Atlanta Braves have expressed concerns over Diamond Sports Group's reorganization plan, fearing the company may face financial distress again soon. The objections, filed in bankruptcy court, highlight a lack of clarity in Diamond's restructuring proposal and its commercial partnership with Amazon. Diamond, the largest owner of regional sports networks, is seeking court approval for its plan, while MLB and the Braves seek more information. Diamond is also renegotiating contracts with several MLB teams, with some teams opting to have MLB produce their local games.

MLB and Reds Challenge Diamond Sports' Reorganization Amid New TV Deal
sports1 year ago

MLB and Reds Challenge Diamond Sports' Reorganization Amid New TV Deal

Major League Baseball and the Atlanta Braves have filed an objection to Diamond Sports Group's reorganization plan, expressing concerns about the company's financial projections and lack of transparency. Diamond, which is in Chapter 11 bankruptcy, is set for a confirmation hearing next week. The Cincinnati Reds have already parted ways with Diamond, and several other MLB teams are exploring alternatives. Diamond, which recently rebranded to FanDuel Sports, is also negotiating a commercial deal with Amazon to expand its direct-to-consumer offerings.

"NBA Secures $76B Media Deal Amid Controversy and New Partnerships"
sports2 years ago

"NBA Secures $76B Media Deal Amid Controversy and New Partnerships"

Knicks owner James Dolan criticized the NBA's new $74.6 billion media deal in a letter to the league's Board of Governors, arguing it undermines Regional Sports Networks and penalizes high-revenue franchises like the Knicks. Dolan contends the deal, which includes streaming platforms and national broadcasters, reduces the viability of RSNs and lacks transparency in revenue retention. He believes the new model de-emphasizes local markets and unfairly redistributes revenue from successful teams to less successful ones.

Knicks' Dolan Slams NBA Media Deals Amid New TV Contracts
sports-business2 years ago

Knicks' Dolan Slams NBA Media Deals Amid New TV Contracts

New York Knicks owner James Dolan criticized the NBA's revenue sharing policies and the new $74.6 billion media deal, arguing it undermines local markets and Regional Sports Networks (RSNs). Dolan's letter to the NBA's Board of Governors expressed concerns over the league's retention of 8% of the media deal revenue, the impact on local sponsorships, and the viability of RSNs due to increased national and streaming broadcasts. He warned that these changes could harm successful franchises and reduce the value of local media rights.

Amazon's Potential Bailout of Diamond Sports Sparks Legal Battle
sports-business2 years ago

Amazon's Potential Bailout of Diamond Sports Sparks Legal Battle

Amazon is looking to invest in Diamond Sports Group, the operator of Bally-branded regional sports networks, to keep it afloat after bankruptcy. The plan involves Amazon contributing $115 million, with creditors adding $450 million, to form a new company to manage Diamond's assets. If approved, the deal could impact how baseball games are broadcast and streamed, potentially affecting in-market and out-of-market viewing options. However, there are concerns about the long-term financial viability of the plan and skepticism about Diamond's revenue projections. Despite these uncertainties, experts believe the plan has a good chance of being approved, with MLB teams likely to remain with Diamond for the 2024 season.

Amazon's Major Investment in Diamond Sports Group Reshapes Streaming Landscape
business2 years ago

Amazon's Major Investment in Diamond Sports Group Reshapes Streaming Landscape

Amazon has committed to making a minority investment in Diamond Sports Group as part of the RSN company's bankruptcy reorganization plan, which includes a new streaming deal. Under the terms of the investment, Amazon will provide access to Diamond's services via Prime Video, allowing customers to purchase direct-to-consumer access to stream local Diamond channels, including live MLB, NBA, and NHL games. Diamond also announced an agreement in principle with parent company Sinclair to settle pending litigation, with Sinclair agreeing to pay Diamond $495 million in cash and provide ongoing management and transition services.