Sinclair agrees to partnership with Bally’s for naming rights to Fox Sports regional networks
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Sinclair took a $4.2 billion writedown over its regional sports networks, posted a quarterly loss of $3.2 billion
Distribution losses, including with Hulu+Live TV and YouTube TV, played a big role in this write-down.
Sinclair’s regional sports networks unit is facing a possible debt restructuring, and has been called their “Achilles’ heel”
Sinclair's purchase of the former Fox RSNs from Disney at a $10.6 billion valuation (with $9.6 billion exchanged) had some merit at the time, but those RSNs are facing some dire challenges now.
Fox RSNs go dark on Dish and Sling TV, causing issues for many MLB fans, and the sides are now reportedly “far apart”
After a temporary extension Sunday, the Fox RSNs have now gone dark on Dish and Sling TV. And the sides don't seem close to a deal.
Dish/Sling TV agree to temporary extension to keep Fox RSNs, FX, and National Geographic
The agreement between the sides expired Sunday, but they've worked out a temporary deal. Will a longer one follow?
Charter has reportedly agreed to a RSN carriage deal in principle with Sinclair, even before Sinclair’s RSN purchase closes
This may help alleviate some of the immediate worries about the RSNs' future carriage under Sinclair.
Sinclair CEO Chris Ripley wants to offer “pitch-by-pitch” prop bet abilities on their new RSNs
"If you're interested in gaming, we're going to add on extra stats, the ability to do prop bets in the game, pitch by pitch, play by play. You can play along and wager while you watch."
Sinclair stock soars after purchase of Fox Sports RSNs, but distributors are wary of the new ownership
Many investors are happy with Sinclair's purchase of the RSNs, but distributors are concerned about the negotiations ahead.
Analyst says “best scenario” for RSNs is losing half their distribution, and they could lose as much as 75 percent
Craig Moffett of MoffettNathanson expects the Fox RSNs to lose 50 to 75 percent of their distribution in the next couple of years. "It's really hard to see any good outcome for a RSN."
Sinclair appears to have officially landed the former Fox RSNs for “more than $10 billion”
It looks like the 21 former Fox RSNs still out there are in fact heading to Sinclair, with an announcement expected Friday.
Sinclair is the reported winner of the former Fox RSNs, with a “handshake agreement” to buy them for up to $10 billion
It looks like the 21 remaining former Fox RSNs have been sold to Sinclair, which only reportedly reemerged as a bidder earlier this month.
Final Fox RSN bids see Liberty and MLB team up, Sinclair back in the game, and the BIG3 still bidding “for the culture”
Liberty and MLB have reportedly combined their bids, and Sinclair's now bidding again. The BIG3 bid is also there.
BIG3 claims to FCC that Charter has already decided not to carry RSNs the BIG3 hasn’t even won yet
"Charter's conduct risks effectively excluding BIG3 from the bidding process and tainting the auction. It has been suggested to BIG3's ownership that Charter has disseminated its threat to drop the (regional sports networks) to other members of the industry."
