Diamond Sports Group

Regional sports network operator prepares to exit bankruptcy, secures carriage in cable operator’s premium ‘Spectrum TV Select Plus’ tier

Core ad revenues up 2%

Waco, Tyler, Midland-Odessa, San Angelo and Abilene markets added

Move is part of NBA’s deal with Bally Sports Wisconsin owner Diamond Sports and Weigel Broadcasting

Sinclair to pay $495 million to settle lawsuits; Amazon to invest $115 million in Bally Sports parent

But after the NHL regular season ends in April, local TV and streaming rights will revert back to the league

Lawyers for the Texas Rangers said they might be willing to take a haircut on local TV rights in order to keep Bally Sports Southwest around for one more season

Outside counsel David Seligman said the subsidiary’s plan to keep its Bally Sports channels going for another year will inevitably lead to liquidation, not a rebirth

Sinclair is being sued by its former subsidiary for $1.5 billion

The pay TV company tells bankruptcy court it’s OK giving Diamond yet another extension on a restructuring plan, but it does have ‘concerns’