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Major League Baseball rejects Amazon’s $150M bid to bail out bankrupt Diamond Sports: sources

Por: New York Post Business January 09, 2024

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Major League Baseball rejected a proposed roughly $150 million lifeline extended by Amazon to the nation’s largest regional sports network as it languishes in bankruptcy, The Post has learned. Diamond Sports, a subsidiary of Sinclair Broadcasting, filed for Chapter 11 protection last March as the landscape for RSNs continued to suffer a seismic shift because of cord-cutting and the subsequent loss of advertising revenue, as The Post previously... + full article



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