Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo
You are here > Home > Baseball Newsstand > Baseball Primer Newsblog > Discussion
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand

Thursday, November 15, 2012

News Corp nears deal to buy stake in Yankee sports network

News Corp (NWSA.O) is expected to announce this week that it has taken a minority stake in the YES Network, a New York-based sports channel that broadcasts Yankee baseball and Nets basketball games. The deal could be announced as early as Friday, according to a person with knowledge of the transaction.

The deal would expand News Corp’s network of 13 Fox regional sports channels and four other channels in which it is affiliated. Those channels have 67 million subscribers in Los Angeles, Houston and other cities.

The YES network is available in approximately 15 million homes.

News Corp will buy portions of the stakes held by Goldman Sachs (GS.N) and Providence Equity Partners, which are expected to maintain positions, the source said.

Gamingboy Posted: November 15, 2012 at 11:34 AM | 7 comment(s) Login to Bookmark
  Tags: business, try not to make it about politics please, yankees, yes network

Reader Comments and Retorts

Go to end of page

Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.

   1. RoyalsRetro (AG#1F) Posted: November 15, 2012 at 12:02 PM (#4303357)
John Sterling: The Yankees suffer a close 5-3 loss to the Rays tonight...

Karl Rove: I wouldn't call the game over yet. My numbers indicate Derek Jeter can still pull this game out with some clutch at-bats.

John Sterling: Uh, but the game is over Karl.

Karl Rove: Your numbers are wrong!
   2. Randy Jones Posted: November 15, 2012 at 12:06 PM (#4303359)
That's pretty funny, but clearly impossible. It would require Sterling to actually pay attention to a game he was broadcasting.
   3. RB in NYC (Now Semi-Retired from BBTF) Posted: November 15, 2012 at 12:16 PM (#4303370)
I wonder how much--if any--the Nets' move to Brooklyn has increased the value of YES
   4. Swedish Chef Posted: November 15, 2012 at 12:38 PM (#4303386)
I can only assume that this is because they were panicking at Loria's meteoric ascent in the evil leaderboards.
   5. Randy Jones Posted: November 15, 2012 at 01:19 PM (#4303413)
Ehh, it's Goldman selling part of their stake to NewsCorp. So the Steinbrenners aren't even involved, and it's only a minor increase in overall evil.
   6. ERROR---Jolly Old St. Nick Posted: November 15, 2012 at 01:20 PM (#4303414)
That's pretty funny, but clearly impossible. It would require Sterling to actually pay attention to a game he was broadcasting.

Not really. It would only require him to notice the signature on his paycheck.
   7. eddieot Posted: November 15, 2012 at 04:06 PM (#4303605)
Murdoch, Steinbrenners, Goldman Sachs... man, talk about an evil empire.

You must be Registered and Logged In to post comments.

 

 

<< Back to main

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Support BBTF

donate

Thanks to
aleskel
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOTP 17 July 2017: Love is baseball, family. Keep the politics out
(2114 - 2:24am, Jul 27)
Last: He who brought the butter dish to Balshazar (CoB)

NewsblogTim Tebow’s no circus act: He’s a real Mets prospect
(8 - 2:18am, Jul 27)
Last: Walt Davis

NewsblogRed Sox Rafael Devers homers for first MLB hit | MLB.com
(11 - 1:50am, Jul 27)
Last: Chip

NewsblogOMNICHATTER da vida, honey, don't you know that I still love you, for July 26, 2017
(77 - 1:40am, Jul 27)
Last: Joyful Calculus Instructor

NewsblogOT-NBA off season thread
(1496 - 12:54am, Jul 27)
Last: cmd600

NewsblogTexas Rangers Reaction sees 3,000 in Beltre's near future | Fort Worth Star-Telegram
(45 - 12:43am, Jul 27)
Last: baxter

NewsblogOT: Summer Soccer Thread 2017
(199 - 11:54pm, Jul 26)
Last: Jose is El Absurd Bronson Y Pollo

NewsblogDanny Tartabull Detained by Police 5 Years After Warrant Was Issued for Arrest
(34 - 11:41pm, Jul 26)
Last: Omineca Greg

NewsblogTwins-Dodgers game delayed over double switch | MLB.com
(5 - 11:13pm, Jul 26)
Last: Barry`s_Lazy_Boy

NewsblogVerdugo hits wacky homer, plates four | MiLB.com News
(17 - 11:04pm, Jul 26)
Last: SoSH U at work

NewsblogOlney: Trade Sonny Gray to Yankees, as time is right for big markets to get their ace
(21 - 11:00pm, Jul 26)
Last: Cargo Cultist

NewsblogKen Rosenthal - Cubs and Verlander
(52 - 9:49pm, Jul 26)
Last: SteveM.

NewsblogRed Sox reach deal on trade for Eduardo Nunez | MLB.com
(30 - 9:47pm, Jul 26)
Last: ERROR---Jolly Old St. Nick

NewsblogThe Cooperstown Casebook: The Hall of Fame's Origins, And How Third Base Got Put In A Corner | SI
(1 - 7:11pm, Jul 26)
Last: John DiFool2

NewsblogWinners? Losers? At baseball's bonkers trade deadline, nobody really knows
(1 - 6:36pm, Jul 26)
Last: Davoice of Dapeople

Page rendered in 0.2644 seconds
47 querie(s) executed