Diamond Sports Group Announces Multi-Year Carriage Agreement With Fubo
May 22 2024 - 11:00AM
Business Wire
Diamond Sports Group (“Diamond” or the “Company”) today
announced that it has reached a multi-year renewal of its
distribution agreement with FuboTV Inc. (d/b/a Fubo), the leading
sports-first live TV streaming platform, for the continued carriage
of Diamond’s portfolio of regional sports networks (“RSNs”).
Under the renewed agreement, Diamond’s RSNs will continue to be
available to fans through Fubo’s Pro package. Fubo subscribers have
streaming access to their respective local RSNs, including: Bally
Sports Detroit, Bally Sports Florida, Bally Sports Great Lakes,
Bally Sports Indiana, Bally Sports Kansas City, Bally Sports
Midwest, Bally Sports New Orleans, Bally Sports North, Bally Sports
Ohio, Bally Sports Oklahoma, Bally Sports San Diego, Bally Sports
SoCal, Bally Sports South, Bally Sports Southeast, Bally Sports
Southwest, Bally Sports Sun, Bally Sports West and Bally Sports
Wisconsin.
Fubo’s leading sports offering includes more than 55,000 live
sporting events annually, with many streaming in 4K, from RSNs,
local broadcast networks and national sports networks ESPN, FS1,
CBS Sports Network, and many more. In addition to sports, Fubo also
streams popular live entertainment and news programming and
features more than 40,000 TV shows and movies on-demand each
month.
David Preschlack, CEO of Diamond, stated, “We are thrilled to
renew our agreement with Fubo, a major player in the vMVPD space
and a leader in live sports streaming, to continue providing high
quality local broadcasts to fans. With the vast majority of our
distribution partners in multi-year carriage agreements, Diamond
remains focused on completing our reorganization and emerging as a
sustainable, profitable business.”
The agreement with Fubo follows Diamond’s previously announced
agreements with Charter Communications, DIRECTV, and Cox
Communications.
Financial terms were not disclosed.
About Diamond Sports Group
Diamond Sports Group LLC, an independently managed and
unconsolidated subsidiary of Sinclair Inc., owns the Bally Sports
Regional Sports Networks (RSNs), the nation’s leading provider of
local sports. Its 18 owned-and-operated RSNs include Bally Sports
Detroit, Bally Sports Florida, Bally Sports Great Lakes, Bally
Sports Indiana, Bally Sports Kansas City, Bally Sports Midwest,
Bally Sports New Orleans, Bally Sports North, Bally Sports Ohio,
Bally Sports Oklahoma, Bally Sports San Diego, Bally Sports SoCal,
Bally Sports South, Bally Sports Southeast, Bally Sports Southwest,
Bally Sports Sun, Bally Sports West, and Bally Sports Wisconsin.
The Bally Sports RSNs serve as the TV home to nearly half of all
MLB, NHL and NBA teams based in the United States. Diamond Sports
Group also has a joint venture in Marquee, the home of the Chicago
Cubs, and a minority interest in the YES Network, the local
destination for the New York Yankees and Brooklyn Nets. Diamond
RSNs produce over 4,000 live local professional telecasts each year
in addition to a wide variety of locally produced sports events and
programs.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240521882176/en/
Media For Diamond Sports Group: Paul Caminiti/Renée
Soto/Luc Herbowy, Reevemark DiamondSportsTeam@reevemark.com