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EXPLAINED: 2 | Vintage Vibes

Sinclair Broadcast Group plans to reorganize business and change name to Sinclair Inc.

Sinclair Broadcast Group plans to reorganize its business and change its name to Sinclair Inc., the Hunt Valley-based television station owner said Monday.

Tribune News Service

Major sports broadcaster files for bankruptcy in huge blow for MLB, NBA, NHL

Diamond Sports Group has filed for bankruptcy just days before they were set to broadcast a large part of the Major League Baseball season, but they're committed to work though it

Daily Mirror

Bally Sports networks’ owner files for bankruptcy

Diamond Sports Group filed for Chapter 11 bankruptcy protection. Diamond’s networks have the rights to 42 professional teams — 14 baseball, 16 NBA and 12 NHL. The Cubs and White Sox aren’t affected by the move.

Chicago Sun-Times

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Bally Sports owner files for Chapter 11 bankruptcy

Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection on Tuesday

The Independent UK

Sinclair’s regional sports unit files for Chapter 11 bankruptcy

Sinclair Broadcast Group’s big bet on regional professional sports veered into Bankruptcy Court on Tuesday as the company’s unit that broadcasts local games filed for Chapter 11 protection.

Los Angeles Times

Sinclair Broadcast reports massive profit as it ‘deconsolidated’ local sports networks from its books

Sinclair Broadcast Group said it earned $2.59 billion — yes, with a B — in the first quarter as it “deconsolidated” its local sports segment from its financial statements.

Tribune News Service

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