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 Is A Jolly Old St. Crip 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
Martin Hemner
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogHow top World Series players ranked as prospects. | SportsonEarth.com : Jim Callis Article
(1 - 12:11pm, Oct 24)
Last: zonk

NewsblogOT: Politics, October 2014: Sunshine, Baseball, and Etch A Sketch: How Politicians Use Analogies
(3489 - 12:10pm, Oct 24)
Last: Random Transaction Generator

Newsblog2014 WORLD SERIES GAME 3 OMNICHATTER
(7 - 12:09pm, Oct 24)
Last: Bourbon Samurai

Newsblog9 reasons Hunter Pence is the most interesting man in the World (Series) | For The Win
(11 - 12:06pm, Oct 24)
Last: esseff

NewsblogRoyals get four AL Gold Glove finalists, but not Lorenzo Cain | The Kansas City Star
(10 - 11:56am, Oct 24)
Last: TDF, situational idiot

NewsblogDealing or dueling – what’s a manager to do? | MGL on Baseball
(52 - 11:54am, Oct 24)
Last: snapper (history's 42nd greatest monster)

NewsblogWhat's Buster Posey's best trait as a catcher? Here's what his pitchers had to say - Giants Extra
(12 - 11:53am, Oct 24)
Last: Accent Shallow

NewsblogOT: The Soccer Thread, September 2014
(909 - 11:53am, Oct 24)
Last: Shooty Survived the Shutdown of '14!

NewsblogDid Adam Dunn Ruin Baseball? – The Hardball Times
(14 - 11:50am, Oct 24)
Last: TDF, situational idiot

NewsblogOT: Monthly NBA Thread - October 2014
(374 - 11:10am, Oct 24)
Last: steagles

NewsblogThe ‘Little Things’ – The Hardball Times
(1 - 10:40am, Oct 24)
Last: BDC

NewsblogFor Royals' Game 3 starter, road to World Series has been long and winding | FOX Sports
(2 - 10:32am, Oct 24)
Last: Roger McDowell spit on me!

NewsblogPrimer Dugout (and link of the day) 10-24-2014
(2 - 9:50am, Oct 24)
Last: Batman

NewsblogKey question GMs have to weigh with top World Series free agents | New York Post
(34 - 9:49am, Oct 24)
Last: Roger McDowell spit on me!

NewsblogOT: NBC.news: Valve isn’t making one gaming console, but multiple ‘Steam machines’
(870 - 9:48am, Oct 24)
Last: zonk

Page rendered in 0.1975 seconds
53 querie(s) executed