The deal between the media conglomerate and Yankee Global Enterprises, the holding company for Major League Baseball (MLB) franchise the New York Yankees, was confirmed late on Tuesday. The Yes Network delivers exclusive live local television coverage of Yankees baseball and Brooklyn Nets National Basketball Association (NBA) games, as well as other leading local and national sports-related programming.
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News Corp makes Yes Network investment
New Mountain Capital has acquired a minority stake in Legends Hospitality, a stadium-management company operated by the New York Yankees Major League Baseball franchise and the Dallas Cowboys NFL American football team.Read on
US television broadcasting company Sinclair Broadcast Group has joined forces with digital media firms Silver Chalice and 120 Sports to launch a new multi-platform sports network featuring a linear broadcast and digital offerings.Read on