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Diamond Sports Group, LLC
Case Number:
9:23-bk-90116
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October 02, 2024
Bally Sports Owner's Ch. 11 Plan Ditches MLB TV Deals
A new Chapter 11 plan filed by the owner of Bally Sports-branded regional sports networks would reject all but one of the company's broadcast deals with MLB teams, but would maintain contracts with professional basketball and hockey partners while swapping existing debt for reorganized equity.
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September 06, 2024
Ch. 11 Check-In: Bally Parent's Plan In A Run For Home Plate
The parent company of Bally Sports-branded regional sports networks is working its way toward a Chapter 11 plan that will keep its broadcast agreements with more than half of the professional sports teams that play in the National Hockey League, National Basketball Association and Major League Baseball, but finality is far from certain in the 18-month old cases.
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September 03, 2024
Diamond Sports Gets OK For NBA, NHL, Ch. 11 Lender Deals
A Texas bankruptcy judge Tuesday approved a revised Chapter 11 financing deal and new NBA and NHL broadcast deals for Bally Sports Network's parent company.
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August 26, 2024
Diamond Sports Strikes Deals With NBA, NHL In Ch. 11 Case
The bankrupt owner of Bally Sports-branded regional sports networks said it reached deals with the National Hockey League and the National Basketball Association's media wing that would alter the rights agreements between the parties, enabling them to work together until at least the end of the coming seasons.
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August 02, 2024
Off The Bench: NFL Reversal, Drone Spying, UFC Deal Tossed
In this week's Off The Bench, a bombshell ruling wipes out a $4.7 billion antitrust verdict against the NFL, Canada takes it on the chin for Olympic drone spying, and a nine-figure settlement to address UFC wage suppression is rejected.
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July 29, 2024
Comcast Reaches Deal To Bring Bally Sports Back To Xfinity
Comcast has reached an agreement with the bankrupt owner of Bally Sports to again distribute its regional sports networks to Xfinity TV customers, according to an announcement made Monday.
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July 24, 2024
Bally Sports Owner Delays Ch. 11 Plan For Comcast Talks
The bankrupt owner of Bally Sports-branded regional sports networks told a Texas judge Wednesday that it needs to delay confirmation hearings for its proposed Chapter 11 plan to allow negotiations with major distributor Comcast to wrap up.
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July 15, 2024
Giuliani Booted, Purdue Regroups, Redbox Pivots
Rudy Giuliani's Chapter 11 case was tossed for his lack of financial disclosures, Purdue Pharma pressed for renewed plan mediation as creditors hedged their bets by seeking permission to sue its owners, and the parent company of Redbox pivoted to a liquidation due to what it described as mismanagement of the business.
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July 11, 2024
Bally Sports Parent Axes TV Deal With NHL's Dallas Stars
A Texas bankruptcy judge on Thursday approved a request by Bally Sports parent company Diamond Sports Group to reject a broadcast agreement with the NHL's Dallas Stars, the latest professional team to part ways with DSG.
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June 21, 2024
Bally Sports Parent Told To Hand Over Certain Info To MLB
At a hearing on Friday, a Texas bankruptcy judge asked the parent company of Bally Sports-branded regional sports networks to hand over aggregated and anonymized information to Major League Baseball about earnings and deals with different distributors.