Diamond Sports Group Announces Another Big Pay TV Renewal ... But No, It's Not with Comcast [Yahoo! Finance]
Sinclair Broadcast Group, Inc. - Class A (SBGI)
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Source: Yahoo! Finance
But it's not with Comcast, whose incumbent deal with Diamond expired Tuesday. (Update, that negotiation seemed to go south after this post was initially filed.) Diamond instead announced that it has come to terms with Cox Communications, the privately held, Atlanta-based cable company that's believed to have around 2.6-2.9 million remaining video customers left. Also Read: Everything You Need To Know About the Bally Sports Bankruptcy “This multi-year agreement with Cox is a significant milestone for Diamond's go-forward business as we continue to execute the steps necessary to complete our reorganization. We are pleased to continue partnering with Cox to provide high quality local sports broadcasts to passionate fans," said David Preschlack, CEO of Diamond, in a statement. Suzanne Fenwick, Senior Vice President, content acquisition for Cox Communications, added: “We are delighted that we could find a reasonable path to extend our partnership with Diamond Sports. We look forwa
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