Disney finds buyers for Fox-owned YES Network

//Disney finds buyers for Fox-owned YES Network

Disney finds buyers for Fox-owned YES Network

One down, 21 to go. The Walt Disney Co. has reached an agreement with the New York Yankees for the Major League Baseball team to buy back the YES Network in a deal that values the regional sports network (RSN) at $3.5 billion, reported Fox Business. Amazon.com Inc. (NASDAQ: AMZN), Sinclair Broadcast Group Inc. (NASDAQ: SBGI) and private equity firm Blackstone Group also are partnering on the deal, which will buy back the 80 percent of the network that the Yankees don’t already own. YES is one…

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By | 2019-03-11T21:14:00+00:00 March 11th, 2019|Media|

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