Major League Baseball (MLB) has expressed concerns over Diamond Sports Group's Chapter 11 reorganization plan, calling it unfeasible. Diamond Sports Group, which owns Bally Sports, is currently in bankruptcy court and has not yet reached an extension agreement with its third-largest distributor, Comcast. The company is seeking to move the voting deadline back two weeks to buy more time, with confirmation still set for June 18. An attorney for Diamond Sports said the company is 'disappointed' it has not agreed to an extension with Comcast. MLB, along with the National Hockey League (NHL) and the National Basketball Association (NBA), doubts the broadcaster's survival without a new deal with Comcast. Despite these warnings, Diamond Sports maintains that negotiations with Comcast remain open. MLB has warned that the cable provider’s decision to drop its regional sports channels could force the league to set up alternative broadcasts for fans.
Major League Baseball, the National Hockey League and the National Basketball Association said that bankrupt broadcaster Diamond Sports may not survive without a new deal with cable distributor Comcast https://t.co/2XFuKBIa88 https://t.co/P3CD7SearF
Diamond Sports said negotiations with Comcast remain open despite warnings from Major League Baseball that the cable provider’s decision to drop its regional sports channels could force the league to set up alternative broadcasts for fans. https://t.co/71wxjUxGQl
Diamond Sports said negotiations with Comcast remain open despite warnings from Major League Baseball that the cable provider’s decision to drop its regional sports channels could force the league to set up alternative broadcasts for fans. https://t.co/yIG9C0bTj0
MLB doubts Bally Sports owners can survive after loss of Comcast https://t.co/l6eWiQUGlu
An attorney for Diamond Sports Group said in bankruptcy court the company is "disappointed" it has not agreed to an extension with Comcast, its third-largest distributor, and would like to move the voting deadline back two weeks to buy more time. Confirmation is still June 18.
MLB warns Diamond Sports Group’s Chapter 11 reorganization plan is unfeasible https://t.co/zSHSJV8Vli