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The Latest Breaking News from Diamond

Science facility which kickstarted UK’s Covid drug development gets £500m

The Diamond Light Source, which is 10,000 times more powerful than a traditional microscope, has made ground-breaking health discoveries.

The Independent UK

Bally Sports Fight Gets Even Nastier: Sinclair Tells Its Bankrupt Diamond Subsidiary, Either Pay Us $140 Million For Our Management Services Or Don't Use Them Anymore

The acrimony is getting intense between Sinclair and the subsidiary it set up four years ago to manage its Bally Sports regional channels

Broadcasting & Cable

Sinclair 'Milked' Bally Sports Subsidiary Out of More Than $1.5 Billion, Diamond Sports Group Suit Says

Also, a source close to Diamond's secondary creditors tells Next TV he believes the bankrupt subsidiary will emerge from restructuring intact

Broadcasting & Cable

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Sinclair CEO Chris Ripley: Despite Diamond Disappointment, Sports Is Still the Broadcaster's Crown Jewel (Bloom)

Ripley and Sinclair look to move beyond their bankrupt RSN subsidiary and onto new means and ways to distribute live sports

Broadcasting & Cable

Did the Other Skate Just Drop? NHL Tells Bankruptcy Court It Might Want to Ice Its Bally Sports Deals

After the judge gave Diamond Sports Group another 80 days to come up with a restructuring plan, hockey told the court it might seek 'injunctive relief' if the whole mess can't be sorted out soon

Broadcasting & Cable

Broadcasters Nexstar, Sinclair, Gray and Scripps in Talks With the NBA and NHL, Also Looking to Step in on Abandoned RSN Deals

With bankrupt Diamond Sports Group possibly ditching unprofitable NBA and NHL agreements, and WBD exiting the regional sports channels biz, Disney/ESPN, Apple, Amazon and Google have also kicked the tires on acquiring local TV rights

Broadcasting & Cable

Bally Sports Bankruptcy: Disney, Apple, Amazon and Google Reportedly Ready to Pounce on Any and All Abandoned NBA Local TV Deals

As the restructuring of Sinclair's Diamond Sports enters its sixth godforsaken month, somewhere, a lonely, anonymous source -- a lawyer or PR guy maybe? -- works the craven tools of the national press

Broadcasting & Cable

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Bally Sports Bankruptcy: Summer MLB Drama Gives Way to Fall Pay TV Carriage Wars

Diamond Sports Group must renew distribution agreements covering nearly half of U.S. pay TV homes

Broadcasting & Cable

Bally Sports Bankruptcy Gets Bloodier: Diamond Files Suit Against Sinclair and JP Morgan, Tries to Claw Back $1 Billion Preferred Equity Repayment

Diamond's largely stiffed secondary creditors are asking the bankruptcy court why they've been left holding the bag while JP Morgan was made whole

Broadcasting & Cable

How does MLB take over a local broadcast? Even with months of planning, it's a mad scramble

Major League Baseball's takeover of San Diego Padres' broadcasts involved months of planning, a playbook MLB is following this week with Arizona Diamondbacks' telecasts

The Independent UK

MLB Sets Up New Diamondbacks Channel, Claims Reach Has Expanded by 4.7 Million Homes vs. Bally Sports Arizona

New channel launches Tuesday on Comcast, Charter, DirecTV, Cox, and Fubo, as well as MLB.TV streaming. It's unclear as to what's happening with Bally Sports Arizona

Broadcasting & Cable

MLB takes over Diamondbacks broadcasts Tuesday from Diamond Sports

Major League Baseball will take over broadcasts of Arizona Diamondbacks games after a federal bankruptcy judge on Tuesday granted a motion for Diamond Sports to reject its rights agreement

The Independent UK

Diamond Boots the Arizona Diamondbacks Out of the Bankrupt Bally Sports Kingdom ... for Real This Time

Houston court will rule on Diamond Sports Group's latest motion to tear up its regional sports networks contract with yet another MLB team on Tuesday

Broadcasting & Cable

NBA's Phoenix Suns Clear to Make Move to Gray TV Broadcast Distribution After Bally Sports RSN Operator Diamond Drops Objection

Diamond's capitulation seems to point to MLB's Arizona Diamondbacks also departing and Bally Sports Arizona being shut down

Broadcasting & Cable

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Broadcasting & Cable

MLB and DirecTV Prepare for Bankrupt Diamond To Cut the Diamondbacks Loose From Bally Sports Arizona

Should the league set up a new channel for the team, DirecTV wants the bankruptcy court to relieve it from also having to pay for a bereft Bally Sports channel, too

Broadcasting & Cable

Sinclair's Diamond Sports Group Settles With Former President Steve Rosenberg, Keeps Him on As 'Consultant,' Structures Repayment of His $344K Golf Club Membership

The longtime Universal TV exec was fired from the bankrupt RSN distributor back in March

Broadcasting & Cable

MLB Commissioner Manfred: Clubs Have Received 94% of What's Owed to Them By Bankrupt Diamond Sports

He says the league will continue to 'backstop' teams should the Sinclair RSN subsidiary stop paying them

The Independent UK

MLB says teams have gotten 94% of money owed to them by Diamond Sports

Major League Baseball says teams have collected 94% of the money they have been owed by Diamond Sports

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Broadcasting & Cable

Rob Manfred Ready to Block Diamondbacks’ Renegotiated Bally Sports Deal

‘New York Post’ reports that the MLB Commissioner won't let a $15 million-per-season pay cut and surrendered DTC rights reach first base. But league owners may not have his back

Broadcasting & Cable

Diamond Pays the Cleveland Guardians to Keep Them on Bally Sports Through July

Payment decides the local TV fate of the team only temporarily

Broadcasting & Cable

Only Winners Get to Stay on Bally Sports? Diamond Makes Full Payment to the Division-Leading Minnesota Twins for the 2023 Baseball Season

The Texas Rangers and Arizona Diamondbacks are also leading their respective divisions and are also being kept around (for now), while the floundering Padres were told to pound sand. See a pattern here?

Manchester Evening News

Greater Manchester's new fleet of Bee Network yellow buses spotted on Leigh guided busway

It comes in preparation of the launch of the 'Bee Network' in Wigan and Bolton in September this year

Broadcasting & Cable

Diamond in Last-Minute Talks With MLB’s Diamondbacks to Keep the Team on Bally Sports Arizona

The two sides postpone a Thursday bankruptcy court hearing amid what they jointly describe as ‘positive discussions’

Manchester Evening News

Go North West is out as Stagecoach handed new Bee Network contract

Operators for buses have been chosen for the second wave of franchising

Broadcasting & Cable

Bankrupt Diamond Moves to Cut the MLB's Diamondbacks Loose From Bally Sports Arizona

Like the San Diego Padres, the club likely will soon be working with Major League Baseball to present their own local telecasts

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