Sinclair joins forces with Chicago Cubs on new regional sports network [Los Angeles Times (CA)]
Fox Corporation - Class A (FOXA)
Last fox corporation - class a earnings: 2/5 04:05 pm
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Source: Los Angeles Times
Sinclair joins forces with Chicago Cubs on new regional sports network Sinclair Broadcast Group is forming a joint venture with the Chicago Cubs on a new regional sports network that will have exclusive TV rights to the Major League Baseball team’s games starting in 2020. The move announced Wednesday was expected as the Ricketts family, which owns the Cubs, had publicly expressed a desire to launch their own network for the club. Sinclair — the largest TV station owner in the U.S. — has frequently been mentioned as a likely partner. Terms of the partnership were not disclosed. As a Major League Baseball franchise that has transformed itself from championship-starved losers to perennial contenders in recent years, the Cubs believe they are enough of an attraction to support a full-time network that will give them the bulk of ad revenues and subscription fees. The channel — to be called the Marquee Sports Network — will also carry Cubs-related programming and other live events. The Cubs
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FOXA
News
- Fox Co. (NASDAQ: FOXA) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $34.00 price target on the stock.MarketBeat
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- Fox Co. (NASDAQ: FOXA) was upgraded by analysts at Seaport Res Ptn from a "neutral" rating to a "buy" rating.MarketBeat
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- POSSIBLE TEAMS UP WITH NBCUNIVERSAL FOR ON-SITE HOSTING DUTIES [Yahoo! Finance]Yahoo! Finance
FOXA
Earnings
- 2/7/24 - Beat
FOXA
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- FOXA's page on the SEC website