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

BBTF Partner

Support BBTF

donate

Thanks to
Downtown Bookie
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOT: Monthly NBA Thread - May 2015
(2107 - 9:29pm, May 24)
Last: MikeOberly

NewsblogBrian Matusz of Baltimore Orioles ejected for foreign substance
(11 - 9:18pm, May 24)
Last: cardsfanboy

NewsblogOTP - May 2015: Jeb Bush would like to watch baseball with Teddy Roosevelt and Pitbull
(3769 - 9:15pm, May 24)
Last: DJS From Suplex City!

NewsblogOMNICHATTER 5-24-2015
(75 - 8:56pm, May 24)
Last: The elusive Robert Denby

NewsblogShaikin: Rally monkey, chew on this: Dodgers try the rally banana
(4 - 8:37pm, May 24)
Last: the Hugh Jorgan returns

NewsblogHolding Separate Elections For Player and Non-Player Candidates Would Greatly Improve the Hall of Fame's Era Ballot Vote Process
(33 - 7:03pm, May 24)
Last: Rennie's Tenet

NewsblogOT: Soccer March 2015
(1066 - 5:21pm, May 24)
Last: ursus arctos

NewsblogMURRAY CHASS: FIVE PERCENT IS NO SOLUTION
(17 - 4:38pm, May 24)
Last: JE (Jason)

NewsblogOT: NBC.news: Valve isn’t making one gaming console, but multiple ‘Steam machines’
(1679 - 3:34pm, May 24)
Last: Langer Monk

NewsblogMeasuring MLB's best game-callers
(11 - 3:33pm, May 24)
Last: SoSHially Unacceptable

NewsblogMoney is MLB's biggest obstacle to a 154-game season
(37 - 2:32pm, May 24)
Last: snapper (history's 42nd greatest monster)

NewsblogMariners notebook: Cano looks back to 2008 struggles in effort to keep even keel as current slump deepens | Mariners Insider - The News Tribune
(4 - 2:20pm, May 24)
Last: bobm

NewsblogOT: 2015 NHL Playoff thread
(461 - 11:47am, May 24)
Last: you mess with the meat you get the wada

NewsblogYankees will pay Alex Rodriguez's home run bonus if .... | NJ.com
(17 - 11:29am, May 24)
Last: Howie Menckel

NewsblogMike Trout teaches expert lesson in the art of sliding | MLB.com
(39 - 11:09am, May 24)
Last: Ziggy

Page rendered in 0.1900 seconds
50 querie(s) executed