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
James Kannengieser
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogJoe Girardi: ‘Pitch the right way’
(52 - 7:40am, Sep 18)
Last: jacksone (AKA It's OK...)

NewsblogRyan Zimmerman Watches Nats Celebrate From Afar
(13 - 7:38am, Sep 18)
Last: McCoy

NewsblogJoe Girardi put Derek Jeter’s farewell tour ahead of the team
(5 - 7:34am, Sep 18)
Last: rufus was here

NewsblogWith 8-2 win Tuesday, Orioles clinch first American League East title since 1997
(27 - 7:00am, Sep 18)
Last: Jolly Old St. Nick Is A Jolly Old St. Crip

NewsblogOT: September 2014 College Football thread
(251 - 3:50am, Sep 18)
Last: smileyy

NewsblogOT: Politics, September, 2014: ESPN honors Daily Worker sports editor Lester Rodney
(3006 - 3:02am, Sep 18)
Last: Ray (RDP)

NewsblogOMNICHATTER 9-17-2014
(88 - 2:41am, Sep 18)
Last: Baldrick

NewsblogChris Davis Rescues Man Pinned Under Truck
(45 - 2:32am, Sep 18)
Last: DFA

NewsblogPedro pens a letter to Clayton Kershaw
(44 - 1:56am, Sep 18)
Last: God

NewsblogA’s lose Triple-A Sacramento affiliate
(83 - 1:20am, Sep 18)
Last: Toothless

NewsblogJays pitcher Stroman suspended 6 games
(9 - 1:05am, Sep 18)
Last: Shibal

Hall of Merit2015 Hall of Merit Ballot Discussion
(28 - 12:18am, Sep 18)
Last: Ardo

NewsblogRudman: Clutch hitting the key to Mariners’ playoff hopes
(10 - 12:09am, Sep 18)
Last: madvillain

NewsblogUmpire ejects Braves fan for heckling Bryce Harper
(60 - 10:59pm, Sep 17)
Last: Paul Antonissen

NewsblogWilliam Blake, Color Analyst For the Atlanta Braves
(1 - 10:52pm, Sep 17)
Last: vortex of dissipation

Page rendered in 0.2102 seconds
53 querie(s) executed