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
BFFB
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOTP 20 November 2017: Sheriff’s official suspended 10 days over Cubs World Series sneak-in
(117 - 3:55am, Nov 21)
Last: Nose army. Beef diaper? (CoB)

NewsblogdWAR to end all WARs – Joe Blogs – Medium
(33 - 2:03am, Nov 21)
Last: Cooper Nielson

Gonfalon CubsLooking to next year
(200 - 1:36am, Nov 21)
Last: Walt Davis

NewsblogOT: Winter Soccer Thread
(205 - 1:27am, Nov 21)
Last: Richard

Hall of MeritMock 2018 Modern Baseball Committee Hall of Fame Ballot Results
(11 - 1:03am, Nov 21)
Last: Joyful Calculus Instructor

NewsblogOT - NBA 2017-2018 Tip-off Thread
(1464 - 12:32am, Nov 21)
Last: SteveF

NewsblogTeams set 40-man rosters ahead of Rule 5 Draft
(4 - 12:08am, Nov 21)
Last: The Yankee Clapper

NewsblogGabe Kapler's only season as a manager gave hints for how he will lead Phillies
(28 - 11:22pm, Nov 20)
Last: Infinite Yost (Voxter)

NewsblogJim Palmer on Mark Belanger and Omar Vizquel: The Hardball Times
(103 - 10:50pm, Nov 20)
Last: SoSH U at work

NewsblogMore on WAR – Joe Blogs – Medium
(143 - 10:17pm, Nov 20)
Last: cardsfanboy

NewsblogPrimer Dugout (and link of the day) 11-20-2017
(2 - 9:01pm, Nov 20)
Last: AndrewJ

NewsblogTaking Back the Ballparks - Philadelphia Phillies
(46 - 7:57pm, Nov 20)
Last: eddieot

NewsblogOT: Wrestling Thread November 2014
(2110 - 7:08pm, Nov 20)
Last: aberg

NewsblogJudge and Altuve | Articles | Bill James Online
(58 - 7:00pm, Nov 20)
Last: Zach

NewsblogQuestions And Challenges Loom Over Derek Jeter
(29 - 6:06pm, Nov 20)
Last: You Know Nothing JT Snow (YR)

Page rendered in 0.2325 seconds
47 querie(s) executed