WebJan 25, 2024 · Bloomberg was first to report (opens in new tab) Wednesday that Diamond will probably skip a mid-February $140 million interest-only payment servicing around $8.6 billion in debt as it prepares for a Chapter 11 restructuring that will roil the $55 billion U.S. sports media business.. Sinclair reps didn't have comment when summoned by Next … WebIn March 2024, Diamond Sports, the parent company of Bally Sports Regional Networks, filed for Chapter 11 bankruptcy protection, but as of the release of this podcast, is currently operating as normal. Diamond's parent company Sinclair has amassed $8 billion in debt since its acquisition of the RSNs in 2024.

U.S. Bank trust investors top unsecured-creditors list in Bally Sports ...

Web1 day ago · Diamond’s Bally Sports Networks, which filed for Chapter 11 earlier this month, televises 14 MLB teams, and three have not been paid including the Arizona … WebMar 15, 2024 · Bally Sports owner Diamond Sports Group filed for Chapter 11 bankruptcy protection on Tuesday. Why it matters: How Diamond emerges — or doesn't — from this … inclined surface crossword

Diamond, owner of RSNs for 40-plus teams, files for bankruptcy

WebMar 15, 2024 · This page no longer exists or has been removed WebMar 14, 2024 · Diamond Sports Group, operator of the largest string of regional sports networks in the U.S., has filed for Chapter 11 bankruptcy protection. The move, … WebMar 14, 2024 · Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection on Tuesday. The move came after it missed a $140 million interest payment last month. Diamond owns 19 networks under the Bally Sports banner. Those networks have the rights to 42 professional teams — 14 baseball, 16 NBA … inc best places to work discount code