A potential merger between CBS Sports and Turner/WBD sports is creating significant buzz in the sports rights and media industry. The merger could have major implications for soccer media rights in the U.S. and would involve synergies between Paramount, WBD, CBS, and Turner. The deal is not unexpected, as it was alluded to by industry figures. Additionally, there are ongoing developments in the NHL media rights landscape, with a focus on regional broadcasting deals and potential changes in the future.
SCCOP: People close to David Zaslav tell @FoxBusiness he is NOT in deal mode at the moment, and that his talks with Bob Bakish for a @wbd - @paramountco deal were very exploratory. @RichLightShed says separately talk of a near-term tie-up is "bullshit," because $PARA's…
The #NHL and Diamond Sports Group have agreed to keep local broadcasts for 11 teams on Bally Sports through the end of this season 🏒 Read more ⬇️ https://t.co/hs398U5H20
#NHL dodged a bullet on Wed with Bally Sports agreeing to pay rights fees on 11 regional TV deals this season. With those rights set to revert back to teams next season, how #NHL attacks regional broadcasts is the few hundred million $$ question. Story: https://t.co/Cs4sVpdNWu https://t.co/ZN6rOagRp2
The NHL and Diamond Sports Group reached an agreement that would allow for Diamond’s regional sports networks, known as Bally’s, to continue broadcasting uninterrupted through the end of the 2023-24 season. What it means for the NHL ⤵️ https://t.co/0MwwjTWxro
The Athletic: NHL, Diamond Sports Group reach agreement to continue local broadcasts through 2023-24 Diamond, under the name Bally’s, operates regional sports network for 11 NHL clubs https://t.co/yU2R1RXEwk
A potentially seismic deal involving one of NASCAR’s new media partners. https://t.co/LhhcPB4g0e
Huge news impacting the NHL regional media rights landscape. All rights reverting to NHL at end of the season. https://t.co/VVWj9gSgA5
WBD will merge with somebody, at some point. It makes sense. Like a NBC-WBD tie up was #1 in this media exec “2024 predictions” article: https://t.co/MkhY9UQpyU But did not expect that headline today.
The NHL is trying to rework a broadcasting deal with now-bankrupt Diamond Sports Group, but backup plans will be necessary in case the league needs to step in. “The biggest concern is making sure fans have access to our games.”
Bally Sports Regional Networks has reached a deal with the 11 NHL clubs it has media rights for to televise their games through the end of this season, a new bankruptcy court filing discloses. The rights at the end of the season would then transfer to the league
The $PARA-$WBD deal "absolutely makes sense to me," Puck News' @WilliamCohan says. However, "I don't think it's necessarily [David] Zaslav's first choice. I mean I think Zaslav's first choice would be to do some sort of deal with Brian Roberts for NBCU." https://t.co/8YsM9fkHai
Worth noting that this WBD/Paramount combo isn’t coming out of the blue. Both David Zaslav and John Malone alluded to it last month … https://t.co/cwTDJZWHad
Synergies w a possible deal: 📺STREAMING: @paramountplus & @StreamOnMax 🗞️NEWS: @CBSNews + @CNN 🚔TRUE CRIME: NCIS, Criminal Minds, + @DiscoveryID & @truTV 🌍DISTRIBUTION: WBD international distribution to boost Paramount franchises 👧KIDS: @Nickelodeon + @cartoonnetwork https://t.co/dKQiQTgcpz
This has some pretty major implications for soccer media rights in the U.S. if a merger goes through. https://t.co/2z7UYFMcVf
Potentially massive media move here. The streaming consolidation is coming. Would also be a potential merger of CBS Sports and Turner/WBD sports. https://t.co/y1H37yXv2s
A significant (potential) combination in the sports rights world: https://t.co/42hcLzMsyc