Diamond is closing in on a new naming rights deal for its regional sports networks, but that may not matter if it doesn’t reach a new deal with Comcast.
Diamond Sports Group cannot afford to waste the summer away like a liberated school child. The broadcaster has serious work to do, as its 18 Bally Sports regional sports networks (RSNs) have been dark for Comcast cable customers since the end of April. Diamond was back in court this week to discuss a delay of the confirmation hearing for its bankruptcy reorganization plan, and comments from lawyers for Diamond’s major league partners made it clear that they are done waiting for the company to get its ducks in a row, especially with the 2024-25 NBA and NHL seasons rapidly approaching.
Key Details: NBA lawyers told the court that without a deal with Comcast, Diamond’s chances of successfully exiting bankruptcy are very slim.
Diamond Sports Group cannot afford to waste the summer away like a liberated school child. The broadcaster has serious work to do, as its 18 Bally Sports regional sports networks (RSNs) have been dark for Comcast cable customers since the end of April. Diamond was back in court this week to discuss a delay of the confirmation hearing for its bankruptcy reorganization plan, and comments from lawyers for Diamond’s major league partners made it clear that they are done waiting for the company to get its ducks in a row, especially with the 2024-25 NBA and NHL seasons rapidly approaching.
Key Details: NBA lawyers told the court that without a deal with Comcast, Diamond’s chances of successfully exiting bankruptcy are very slim.
- 6/5/2024
- by David Satin
- The Streamable
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