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Sinclair Considers Restructuring, Affecting Regional Sports Networks

Posted by: stormgod (a.k.a StormGod) on Oct 29, 11:39

It’s been just over a year since Sinclair Broadcast Group purchased 21 Fox regional sports networks through its subsidiary Diamond Sports Group for $9.6 billion. The company is now reportedly looking into restructuring, with an analyst calling the RSNs “Sinclair’s Achilles heel.” The company and its creditors have each brought in advisers to assist with restructuring talks.

Sinclair's Desperate Move To Save Regional Sports Networks





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