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. Shoeless 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

BBTF Partner

Support BBTF

donate

Thanks to
Mike Emeigh
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogMets greats slam Dykstra for Davey Johnson ‘drunk’ accusations | New York Post
(21 - 2:25am, Jun 30)
Last: theboyqueen

NewsblogTop prospect Aaron Judge making case to be on the New York Yankees - Yankees Blog- ESPN
(16 - 2:21am, Jun 30)
Last: Asian Sorority Sleepover Party TVerik

NewsblogOTP 2016 June 27: Republican comeback after eight years? Yeah, on the baseball diamond
(1128 - 2:21am, Jun 30)
Last: tshipman

NewsblogReport: Red Sox, Jason Groome Far Apart In Contract Negotiations « CBS Boston
(48 - 1:50am, Jun 30)
Last: ReggieThomasLives

NewsblogCubs use 3 different pitchers as OFs en route to 15-inning win
(19 - 12:41am, Jun 30)
Last: Brian C

NewsblogOT: 2016 Summer Soccer Thread
(1188 - 12:14am, Jun 30)
Last: Richard

NewsblogCoastal Carolina Stays Alive in CWS
(1 - 11:59pm, Jun 29)
Last: stevegamer

NewsblogOT: NBA Playoffs Thread 2016
(6256 - 11:59pm, Jun 29)
Last: madvillain

NewsblogOMNICHATTER 6-29-16
(61 - 11:52pm, Jun 29)
Last: ERROR---Jolly Old St. Nick

NewsblogAndrew Mccutchen in the country of baseball.
(2 - 11:41pm, Jun 29)
Last: Bote Man makes baseball fun again

NewsblogSABR 46 Convention in Miami
(33 - 11:31pm, Jun 29)
Last: Dag Nabbit at ExactlyAsOld.com

NewsblogEver spot a French press in the Nationals dugout? Here’s how it got there. - The Washington Post
(80 - 11:16pm, Jun 29)
Last: BDC

NewsblogPrimer Dugout (and link of the day) 6-29-2016
(27 - 9:59pm, Jun 29)
Last: Cblau

NewsblogPhillies prospect Mark Appel has season-ending elbow surgery
(11 - 8:19pm, Jun 29)
Last: Walt Davis

NewsblogThe Francisco Lindor Effect Is Ridiculous | FanGraphs Baseball
(13 - 8:17pm, Jun 29)
Last: AROM

Page rendered in 0.1352 seconds
47 querie(s) executed