Verizon is out of the media business, selling Yahoo and AOL to Apollo Global Management
How Yahoo's sale will affect its sports properties is yet to be determined.
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Verizon is exploring a sale of Verizon Media, including Yahoo and AOL, for around half of what it paid for those two companies
It looks like Verizon may sell Yahoo and AOL for far less than it paid for them.
Liberty Media is now apparently bidding for the former Fox RSNs, and Sinclair and Apollo Global now apparently aren’t
As one bidder enters, two others apparently leave.
One private equity firm pursuing the Fox regional sports networks is trying to land LeBron’s Uninterrupted as “a strategic partner”
"Apollo's talks with James' multimedia platform have focused on a strategic partnership deal that could see James contributing and advising on content for the networks."
