April 28, 2023
The Phoenix Suns basketball team signed a new television broadcast contract Friday with an over-the-air pair of Arizona networks, moving the franchise away from its previous game coverage deal with a Bally's-branded regional sports network owned by bankrupt Diamond Sports Group.
April 19, 2023
A Texas bankruptcy court approved an extension of a cash use order for bankrupt television network owner Diamond Sports Group, but ordered the company to pay half of the money it owes to Major League Baseball teams for broadcast rights up front, with the balance to be determined pending the outcome of a contractual dispute next month.
April 13, 2023
A Texas bankruptcy judge set a May 31 hearing to deal with an ongoing battle between bankrupt television sports network owner Diamond Sports Group and Major League Baseball over the debtor's failure to make required contractual payments for three baseball clubs since it filed for Chapter 11.
April 06, 2023
Major League Baseball, the Minnesota Twins and the Cleveland Guardians have asked a Texas federal bankruptcy court to force regional sports network operator Diamond Sports Group to fork over telecast rights fees it owes the baseball clubs or terminate its agreements with them, according to an emergency motion filed Wednesday.
March 16, 2023
Professional sports leagues signaled their concerns Thursday about regional sports network operator Diamond Sports Group's plans to use its Chapter 11 to shift to a digital streaming model for its game broadcasts as the company made its first appearance in Texas bankruptcy court.
March 14, 2023
A subsidiary of Sinclair Broadcast Group that operates 19 regional sports networks filed for bankruptcy late Tuesday to eliminate $8 billion of debt from its balance sheet one month after skipping a $140 million interest payment due to noteholders.