diamond sports

MLB to ‘step in’ if Diamonds Sports bankruptcy shuts down Brewers telecasts

MILWAUKEE — Major League Baseball (MLB) commissioner Rob Manfred said MLB will step in if Diamond Sports stops paying teams rights fees for the Brewers telecasts due to its bankruptcy case, according to our partners at the Milwaukee Business Journal.

Diamond Sports Group, the company that broadcasts Milwaukee Bucks and Milwaukee Brewers games, filed for U.S. bankruptcy protection in March. The Sinclair Broadcast Group subsidiary operates “Bally Sports” and provides local television broadcasts for almost half of NBA, NHL, and MLB games.

According to BizJournal, Manfred said during a press conference at American Family Field last week, “I’m concerned about the RSN situation. We have 14 teams including the Brewers involved in the Diamond bankruptcy.”

Manfred said he hopes Diamond decides to live up to its “contractual obligation” and broadcast the games, “But if they don’t, we will step in and the games will be available both linear (cable) and digital.”

The BizJournal reports that the Brewers have retained attorneys in the bankruptcy case. The case is proceeding in U.S. Bankruptcy Court in Texas.

As TMJ4 News previously reported, in its Chapter 11 petition, Diamond Sports listed assets and liabilities between $1 billion and $10 billion each. Diamond

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Warner Bros. Discovery Regional Sports Networks May File For Chapter 7 Bankruptcy

The steady decline of cable networks, both basic and regional sports networks, has been apparent in recent years as cord cutting and cord shaving have been key themes amongst consumers. Although there have been a slew of indie cable nets that have gone dark in recent years, major cable networks and regional sports networks (RSNs) have seemed able to weather the storm until Friday when The Hollywood Reporter stated that Warner Bros. Discovery (WBD) is exiting the RSN business.

However, it won’t do so in the usual way—via putting the channels on the market and selling them to the highest bidder. Rather, WBD reportedly sent a letter to the owner of teams that it airs on its four RSN subsidiaries do not have the money to pay upcoming rights fees and WBD will not fund any shortfalls. WBD has proposed handing control of the RSNs over to the teams and leagues, or putting them into Chapter 7 bankruptcy.

It owns three AT&T SportsNet channels in Denver, Houston & Pittsburgh with a minority interest in Roots Sports in Seattle (with the Mainers owning the other

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