MLB: Bankruptcy Court Needs to Finally Stop Diamond From Continuing to 'Stumble Through the Restructuring Process' After Its 'Failure' to Secure Comcast Distribution Deal [Yahoo! Finance]
Sinclair Broadcast Group, Inc. - Class A (SBGI)
Last sinclair broadcast group, inc. - class a earnings: 2/26 07:30 am
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Source: Yahoo! Finance
Two weeks after it embarked on a surprising carriage dispute with Comcast , the Sinclair Broadcast Group subsidiary that manages 18 Bally Sports-branded local cable channels was hit hard by its longtime content partner and foe, Major League Baseball. Also Read: Everything You Need To Know About the Bally Sports Bankruptcy On Tuesday, the league motioned the Houston bankruptcy court overseeing Diamond's restructuring that Diamond likely "will not emerge from these Chapter 11 cases as a going concern." Before Comcast announced the surprise blackout of Bally Channels on April 30, Diamond had secured earlier within the month distribution renewals with Charter Communications, DirecTV and Cox Communications. It was expected that Diamond could finally emerge from bankruptcy on June 18, when a hearing is scheduled for the court to hear its restructuring plan. With it now lacking revenue from the No. 2 U.S. pay TV operator, MLB lawyers said Diamond's whole restructuring plan -- which
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News
- Sinclair: Despite Key Catalysts, Long-Term Issues Are A Problem [Seeking Alpha]Seeking Alpha
- Sports Broadcaster Diamond Is Near Its Breaking Point, Pro Leagues Say [Yahoo! Finance]Yahoo! Finance
- Sinclair and Feeding America® Launch Sinclair Cares: Summer Hunger Relief [Yahoo! Finance]Yahoo! Finance
- Sinclair and Feeding America® Launch Sinclair Cares: Summer Hunger ReliefBusiness Wire
- FanDuel Nears Deal for Naming Rights to Diamond Sports Channels [BNN Bloomberg (Canada)]BNN Bloomberg
SBGI
Earnings
- 5/9/24 - Beat
SBGI
Sec Filings
- 5/16/24 - Form 3
- 5/10/24 - Form 10-Q
- 5/8/24 - Form 8-K
- SBGI's page on the SEC website