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According to Fox Business, the YES Network — the regional sports network responsible for broadcasting the New York Yankees, Brooklyn Nets, and New York City FC — has been bought back from Disney by the Yankees for $3.4 billion.
The #Yankees are reportedly set to buy the YES Network from Disney for $3.4 billion. The deal includes some big-name minority partners. https://t.co/EmdHwmbiVy pic.twitter.com/pIzk8Un7G9
— WFAN Sports Radio (@WFAN660) March 8, 2019
The sale comes on the heels of Disney purchasing 21st Century Fox, therefore requiring them to sell all 22 of latter’s regional sports networks as to avoid a breach of federal antitrust laws. The report goes on to say that minority shareholders will include Sinclair Broadcast Group, Blackstone Group, and the ever-growing Amazon with the aforementioned Yankees owning a majority of the network’s shares.
If Fox Business’ sources are to be believed, how this will impact NYCFC broadcasting — if it can indeed impact it — is currently unclear. But still, with media giants like Sinclair and Amazon involved, it could possibly mean that YES Network programming will be far more accessible in the future to anyone outside of its designated market.
Maybe this will mean that YES2 might come into use sometime? Just maybe?