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 12:34 PM | 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 01:02 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 01:06 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 01:16 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 01:38 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 02:19 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. Jolly Old St. Nick Still Gags in October Posted: November 15, 2012 at 02:20 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 05:06 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
Brian
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOTP - July 2014: Republicans Lose To Democrats For Sixth Straight Year In Congressional Baseball Game
(3033 - 7:22am, Jul 25)
Last: Lassus

NewsblogNoble: Tom Seaver expects Derek Jeter to become first unanimous Hall of Fame inductee
(54 - 7:20am, Jul 25)
Last: Lassus

NewsblogOT: Monthly NBA Thread- July 2014
(915 - 5:53am, Jul 25)
Last: MikeOberly

NewsblogOT: The Soccer Thread July, 2014
(382 - 5:25am, Jul 25)
Last: Swedish Chef

NewsblogAs shifts suppress offense, time has come to consider a rule change
(90 - 5:07am, Jul 25)
Last: Sunday silence

NewsblogSurprising Sports Stars – Guided by Voices’ Robert Pollard
(3 - 4:44am, Jul 25)
Last: Alex meets the threshold for granular review

NewsblogYadier Molina serves his brother crackers on a plate — home plate
(43 - 3:59am, Jul 25)
Last: Sunday silence

NewsblogBucs Dugout: Manel: Pirates getting creative with defensive shifts
(8 - 3:53am, Jul 25)
Last: Sunday silence

NewsblogTwitter / Ken_Rosenthal: Mariners announce acquisition of Kendrys Morales for RHP Stephen Pryor.
(16 - 3:37am, Jul 25)
Last: Jeff Francoeur's OPS

NewsblogA's designate Johnson for assignment
(20 - 3:28am, Jul 25)
Last: Sunday silence

NewsblogGoldman: Eliminating the shift a bandage for a phantom wound
(31 - 3:23am, Jul 25)
Last: Rob_Wood

NewsblogCSN: Enough is enough — time to move on from Ryan Howard
(80 - 3:16am, Jul 25)
Last: Red Menace

NewsblogFivethirtyeight: Billion-Dollar Billy Beane
(21 - 2:42am, Jul 25)
Last: Walt Davis

NewsblogOMNICHATTER: 7-24-14
(59 - 1:56am, Jul 25)
Last: Bunny Vincennes

NewsblogEx-MLB star Chuck Knoblauch accused of assaulting ex-wife
(21 - 12:26am, Jul 25)
Last: Ray (RDP)

Page rendered in 0.2033 seconds
53 querie(s) executed