Diamond Sports Group

Diamond Sports Group Announces Multi-Year Carriage Agreement With Fubo

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수요일, 5월 22, 2024

Diamond Sports Group (“Diamond” or the “Company”) today announced that it has reached a multi-year renewal of its distribution agreement with FuboTV Inc. (d/b/a Fubo), the leading sports-first live TV streaming platform, for the continued carriage of Diamond’s portfolio of regional sports networks (“RSNs”).

Key Points: 
  • Diamond Sports Group (“Diamond” or the “Company”) today announced that it has reached a multi-year renewal of its distribution agreement with FuboTV Inc. (d/b/a Fubo), the leading sports-first live TV streaming platform, for the continued carriage of Diamond’s portfolio of regional sports networks (“RSNs”).
  • Under the renewed agreement, Diamond’s RSNs will continue to be available to fans through Fubo’s Pro package.
  • David Preschlack, CEO of Diamond, stated, “We are thrilled to renew our agreement with Fubo, a major player in the vMVPD space and a leader in live sports streaming, to continue providing high quality local broadcasts to fans.
  • With the vast majority of our distribution partners in multi-year carriage agreements, Diamond remains focused on completing our reorganization and emerging as a sustainable, profitable business.”
    The agreement with Fubo follows Diamond’s previously announced agreements with Charter Communications, DIRECTV, and Cox Communications.

Rapsodo Announces Preorder Availability for Newest Baseball Flight Monitor PRO 2.0

Retrieved on: 
화요일, 5월 7, 2024

ST. LOUIS, May 07, 2024 (GLOBE NEWSWIRE) -- In the pursuit of advancing the way sports are played across the world, Rapsodo , the company known for making sports technology more affordable, announces its newest ball flight monitor for baseball, the PRO 2.0 , is now available for preorders.

Key Points: 
  • ST. LOUIS, May 07, 2024 (GLOBE NEWSWIRE) -- In the pursuit of advancing the way sports are played across the world, Rapsodo , the company known for making sports technology more affordable, announces its newest ball flight monitor for baseball, the PRO 2.0 , is now available for preorders.
  • “I don’t think there is a ‘too early’ to start using these tools,” Ohtani said of Rapsodo technology.
  • The PRO 2.0 is a portable and affordable option for amateurs and high school baseball teams.
  • “The PRO 2.0 features the same technology used by the biggest stars in the world of baseball like Shohei Ohtani,” said Scott Siebers, Rapsodo Director of Diamond Sports.

Diamond Sports Group Issues Open Letter to Sports Fans and Comcast Xfinity Subscribers Impacted by Xfinity’s Blackout

Retrieved on: 
화요일, 5월 7, 2024

Diamond Sports Group (“Diamond” or the “Company”) today issued an open letter to sports fans and Comcast Xfinity subscribers who lost access Diamond’s Bally Sports regional networks as of May 1, 2024 and are unable to watch their favorite teams.

Key Points: 
  • Diamond Sports Group (“Diamond” or the “Company”) today issued an open letter to sports fans and Comcast Xfinity subscribers who lost access Diamond’s Bally Sports regional networks as of May 1, 2024 and are unable to watch their favorite teams.
  • Comcast Xfinity has refused to engage with Diamond around market-based renewal terms equivalent to what Diamond agreed to with its two largest distribution partners.
  • Diamond believes Comcast Xfinity’s extreme stance is hurting fans, leagues and teams.
  • Diamond is urging Xfinity subscribers to make their voices heard:
    Comcast Xfinity recently pulled the plug on our networks despite our best efforts to reach a mutually beneficial distribution deal.

Diamond Sports Group Reaches Multi-Year Distribution Agreement With Cox

Retrieved on: 
화요일, 4월 30, 2024

Under the agreement, Cox Contour TV Preferred and Contour TV Ultimate customers will continue to have access to live, local MLB, NBA and NHL games and team related content on Diamond’s RSN channels.

Key Points: 
  • Under the agreement, Cox Contour TV Preferred and Contour TV Ultimate customers will continue to have access to live, local MLB, NBA and NHL games and team related content on Diamond’s RSN channels.
  • Additionally, Cox Contour TV Preferred and Contour TV Ultimate customers will be able to stream Diamond’s RSN content by authenticating with their Cox subscription credentials on the Bally Sports app.
  • David Preschlack, CEO of Diamond, stated: “This multi-year agreement with Cox is a significant milestone for Diamond’s go-forward business as we continue to execute the steps necessary to complete our reorganization.
  • We look forward to continuing to deliver regional sports content to our subscribers.”
    Diamond’s agreement with Cox follows Diamond’s previously announced multi-year renewal of its distribution agreement with Charter Communications, Inc.

Diamond Sports Group Reaches Multi-Year Distribution Agreement with Charter

Retrieved on: 
수요일, 4월 3, 2024

Diamond Sports Group (“Diamond” or the “Company”) today announced that it has reached a multi-year renewal of its distribution agreement with Charter Communications, Inc (NASDAQ: CHTR) (“Charter”) to carry Diamond’s portfolio of regional sports networks (“RSNs”).

Key Points: 
  • Diamond Sports Group (“Diamond” or the “Company”) today announced that it has reached a multi-year renewal of its distribution agreement with Charter Communications, Inc (NASDAQ: CHTR) (“Charter”) to carry Diamond’s portfolio of regional sports networks (“RSNs”).
  • Under the new agreement, customers will continue to have access to live, local MLB, NBA and NHL games and pre- and post-game content on Diamond’s RSN channels through Charter’s Spectrum TV Select Plus package.
  • We expect this agreement to generate value for Diamond, Charter and our team and league partners, and enable us to continue providing high quality broadcasts for passionate local fans.
  • We believe this agreement can serve as a model in the ongoing time-sensitive negotiations with our other distribution partners to reach carriage agreements that work for all parties.”

Bally’s Corporation Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
수요일, 2월 21, 2024

Robeson Reeves, Bally’s Chief Executive Officer, commented, “Bally’s completed a successful 2023 with healthy results across all our business segments.

Key Points: 
  • Robeson Reeves, Bally’s Chief Executive Officer, commented, “Bally’s completed a successful 2023 with healthy results across all our business segments.
  • Revenues in the fourth quarter grew 6.1% year-over-year to $611.7 million reflecting continued growth in our Casinos & Resorts, International Interactive and North America Interactive segments.
  • For the full year, International Interactive revenues grew 2.8%.”
    “North America Interactive generated fourth quarter revenues of $33.4 million, up 26.9% year-over-year, and an Adjusted EBITDAR loss of $9.8 million.
  • Bally’s fourth quarter 2023 earnings conference call and audio webcast will be held today, Wednesday, February 21, 2024 at 4:30 p.m. EDT.

Gray Television Brings Milwaukee Bucks Games Back to Free Over-The-Air Television this Season In Three Wisconsin Markets from Weigel Broadcasting’s WMLW

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수요일, 2월 14, 2024

GREEN BAY, Wis., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Milwaukee Bucks are returning to broadcast television in Green Bay, Eau Claire-La Crosse, and Wausau, Wisconsin, on television stations owned by Gray Television, Inc. (“Gray”) (NYSE: GTN) as part of the recently announced Bucks broadcast package from Weigel Broadcasting Co.’s WMLW The M in Milwaukee.

Key Points: 
  • GREEN BAY, Wis., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Milwaukee Bucks are returning to broadcast television in Green Bay, Eau Claire-La Crosse, and Wausau, Wisconsin, on television stations owned by Gray Television, Inc. (“Gray”) (NYSE: GTN) as part of the recently announced Bucks broadcast package from Weigel Broadcasting Co.’s WMLW The M in Milwaukee.
  • Gray’s stations will broadcast 10 Bucks games this season, beginning on Friday, February 23rd, when the Bucks play at the Minnesota Timberwolves.
  • “We are thrilled to offer the Bucks fans in Green Bay, Eau Claire, La Crosse, Wausau, and nearby areas the chance to watch these ten games for free.
  • The games have been made available for local over-the-air distribution as part of the NBA’s agreement with Diamond Sports Group, the owner of Bally Sports Wisconsin.

Weigel Broadcasting Co. and TEGNA’s WQAD to Bring Milwaukee Bucks Games Back to Free Over-the-Air Television in the Quad Cities

Retrieved on: 
목요일, 2월 8, 2024

The Milwaukee Bucks are returning to broadcast television in the Quad Cities as part of a new agreement with TEGNA Inc’s (NYSE: TGNA) WQAD.

Key Points: 
  • The Milwaukee Bucks are returning to broadcast television in the Quad Cities as part of a new agreement with TEGNA Inc’s (NYSE: TGNA) WQAD.
  • These games will be available to nearly 240,000 homes and more than 384,000 people in the Quad Cities.
  • WQAD will have 10 over-the-air Bucks games this season, beginning on Friday, Feb. 23, when the Bucks play at the Minnesota Timberwolves.
  • “We’re thrilled to make these Bucks games available to every fan, and every household, in the Quad Cities,” said Jim Kizer, president and general manager, WQAD.

TEGNA Station WFAA Teams with the Dallas Mavericks to Broadcast 10 Additional Games Free Over-The-Air

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화요일, 1월 23, 2024

TEGNA Inc. (NYSE: TGNA) today announced that WFAA, its Dallas-Fort Worth ABC affiliate, has partnered with the Dallas Mavericks to bring 10 additional games to the WFAA broadcast schedule.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced that WFAA, its Dallas-Fort Worth ABC affiliate, has partnered with the Dallas Mavericks to bring 10 additional games to the WFAA broadcast schedule.
  • The additional 10 games will be available to three million households and more than seven million people in the Dallas-Fort Worth market.
  • Games will air live in North Texas on WFAA through its free over-the-air broadcasts and through WFAA’s broadcast distribution with cable, satellite, and streaming services.
  • Information on when and where to catch all remaining 2023-24 season Mavericks games can be found at mavs.com and wfaa.com/mavs.

Kramer Levin Names Leaders of Distressed Investing Practice

Retrieved on: 
수요일, 1월 17, 2024

Kramer Levin is pleased to announce that New York-based partners Daniel M. Eggermann and Rachael Ringer have been named co-heads of the firm’s Distressed Investing practice.

Key Points: 
  • Kramer Levin is pleased to announce that New York-based partners Daniel M. Eggermann and Rachael Ringer have been named co-heads of the firm’s Distressed Investing practice.
  • “The depth and breadth of our restructuring bench — combined with our strength and continued growth in finance and litigation — have driven the growth of our Distressed Investing practice.
  • Kramer Levin’s Distressed Investing practice represents banks, hedge funds and other financial institutions in all types and stages of distressed investing.
  • The firm’s Distressed Investing practice is complemented by its Special Situations practice and strong Bankruptcy Litigation and Investigations and Financial Services Litigation groups, both of which experienced significant growth when Kramer Levin combined with Washington, DC, litigation boutique Robbins, Russell, Englert, Orseck & Untereiner LLP in 2022.