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Sinclair acquires US sports networks from Walt Disney

8th May 2019 6:44 am GMT

New York-listed TV broadcaster Sinclair Broadcast Group has agreed a deal to acquire 21 regional sports networks from The Walt Disney Company for $10.6bn.

The definitive agreement sees Sinclair acquire the equity interests in 21 regional sports networks (RSN) and Fox College Sports, which were acquired by Disney in its recent $71bn acquisition of Twenty-First Century Fox.

The RSN portfolio, which excludes the YES Network, includes exclusive local rights to 42 professional teams [...]

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