Baseball for the Thinking Fan

Login | Register | Feedback

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


Thanks to
Downtown Bookie
for his generous support.


You must be logged in to view your Bookmarks.

Hot Topics

NewsblogRob Manfred Hints At Meeting With Indians Ownership To Discuss Racist Logo
(23 - 12:48pm, Oct 27)
Last: RoyalsRetro (AG#1F)

NewsblogWorld Series spotlight shifts to Chicago and Wrigley Field
(19 - 12:47pm, Oct 27)
Last: zonk

NewsblogPrimer Dugout (and link of the day) 10-27-2016
(4 - 12:47pm, Oct 27)
Last: TDF, situational idiot

Gonfalon CubsGame 2 Feelings
(46 - 12:42pm, Oct 27)
Last: Weeks T. Olive

NewsblogOTP 2016 October 24: Breitbart Radio Exclusive: Curt Schilling Joins Breitbart News Rotation Weekdays 9AM to 11AM ET
(666 - 12:40pm, Oct 27)
Last: Lassus

NewsblogOT: NBA 2016-17 Preseason Thread
(341 - 12:36pm, Oct 27)
Last: jmurph

NewsblogAndrew Miller: Girardi’s bullpen calls sometimes ‘created a mess’ | New York Post
(9 - 12:24pm, Oct 27)
Last: Bote Man

NewsblogCubs top Indians to even World Series |
(8 - 12:22pm, Oct 27)
Last: zonk

NewsblogRacist ‘Data Study’ Says You Need A Dad To Be Good At Baseball
(36 - 11:59am, Oct 27)
Last: snapper (history's 42nd greatest monster)

NewsblogOT: October-November 2016 Soccer Thread
(79 - 11:46am, Oct 27)
Last: OPS+

NewsblogCutting class for the World Series is a valid excuse in Ohio
(14 - 11:34am, Oct 27)
Last: Pat Rapper's Delight (as quoted on MLB Network)

NewsblogDavid Ortiz, Kris Bryant win 2016 Hank Aaron Awards for best hitter in each league.
(6 - 11:34am, Oct 27)
Last: Don August(us) Cesar Geronimo Berroa

NewsblogESPN: Jose Fernandez, friends reportedly had strong odor of alcohol after deadly boat crash
(4 - 10:46am, Oct 27)
Last: snapper (history's 42nd greatest monster)

NewsblogYou may never see a comeback like Kyle Schwarber’s ever again | New York Post
(14 - 10:35am, Oct 27)
Last: BDC

Gonfalon CubsBring on the outsourced 5 minute Indians preview
(91 - 10:07am, Oct 27)
Last: SouthSideRyan

Page rendered in 0.1383 seconds
47 querie(s) executed