Tag: diamond sports group

Main Street Sports Group’s shutdown leaves 20 NBA and NHL teams without local broadcast partners, marking the effective collapse of the RSN model after failed payments and an unsuccessful sale attempt. The NBA’s using this disruption to consolidate local rights…

Main Street Sports is on the verge of shutting down if a sale to DAZN isn’t finalized by January, potentially returning local broadcast rights for 30 teams across MLB, NBA, and NHL back to the leagues. The collapse would leave…

MLB is reportedly close to a deal with ESPN to carry both out-of-market and in-market games for five teams, marking a major step away from the fractured regional sports network model. The deal would fold in the Arizona Diamondbacks, Cleveland…

NBA is targeting a 2027–28 launch for a national streaming platform consolidating local media rights from up to 18 teams, aiming to counter declining RSN revenues and fragmented distribution. Many FanDuel Sports Network contracts expire by 2026–27, positioning those teams…

The Diamond Sports Group on Thursday emerged from its Chapter 11 bankrupty case, and now it has a new name: "Main Street Sports Group." This article, Diamond Sports rebrands to Main Street Sports after emerging from Chapter 11, was first…

MLB is targeting 2028 to nationalize local media rights, aiming to end blackouts and unify broadcasting under a single strategy. With at least 15 teams expected to have available rights, the league sees opportunities to partner with major tech or…

Diamond Sports Group has partnered with Amazon’s Prime Video to offer its RSNs as an add-on subscription, expanding Diamond's reach while it navigates Chapter 11 bankruptcy.

The Cincinnati Reds are seeking a new broadcast partner after ending their long relationship with Bally Sports (now FanDuel Sports Network Ohio) following a failed agreement with Diamond Sports Group. As part of the separation, the Reds are selling their…

The St. Louis Cardinals have secured a multi-year broadcast deal with Diamond Sports, now FanDuel Sports Network Midwest, covering linear and digital rights. This deal, with a 20% rights fee reduction, may include a $15/month direct-to-consumer option.

RSN valuations have dropped 97% in six years, from $20 billion in 2018 to $600 million, according to CNBC’s Mike Ozanian. This sharp decline, fueled by cord-cutting and the decreasing value of live local sports on cable TV, explains why…