Warriors-Rockets Gets Big Viewership For ESPN Royals' TV Ratings Lead MLB This Season NBC Sports Launches Documentary Film Unit CFL Extends Media Rights With Bell At Bat App Available On Dashboards In Some Cars Coke 600 Down From Previous Years New "Hard Knocks" To Feature Texans Fox Sports' World Cup HQ Wrapping Up Construction Gracenote Jumps Into Sports Data Market Charter To Carry Dodgers' SportsNet LA
Upcoming Conferences and Events
SBD/November 15, 2012/Media
Sources: News Corp. Close To Acquiring Stake In YES, Adding to RSN Portfolio
Published November 15, 2012
PILING ON: In L.A., Flint & James cite sources as saying that talks between News Corp. and the Yankees "have been going on for several weeks." News Corp. getting a stake in YES would "give it a big presence in the nation's No. 1 media market, where it currently has no sports outlets." The media conglomerate "already owns 20 regional sports networks, including two" in L.A. The company also is in the process of "starting a national cable sports network" to challenge ESPN. In addition, News Corp. owns "about 13%" of the Rockies (L.A. TIMES, 11/15). In N.Y., Chozick & Cieply wrote YES Network would "add significant heft" to News Corp.'s "already large portfolio of regional sports assets and fits into the company's strategy of building its sports television business" (NYTIMES.com, 11/14).