Post by bgski on Aug 23, 2019 17:39:03 GMT -8
Sinclair who backs up ROH financially has just made a deal which might bring ROH back on tv at a decent hour so they might not be fading away anytime soon.
Because I live in MD, ROH does come on tv but it's extremely late and I use to dvr it but now I just watch the shows on FITE.
Anyways here's some of the press release from today which you can read the entire press release in a PDF file here.
SINCLAIR COMPLETES ACQUISITION OF REGIONAL SPORTS NETWORKS FROM DISNEY
Byron Allen is an Equity and Content Partner in the RSN Holding Company
BALTIMORE, MD and BURBANK, CA (August 23, 2019) — Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair” or the “Company”) and The Walt Disney Company (NYSE: DIS) (“Disney”) today announced the completion of the previously announced acquisition by Sinclair of the equity interests in 21 Regional Sports Networks (the “RSNs”) and Fox College Sports, which were acquired by Disney in its acquisition of Twenty-First Century Fox, Inc. (“21st Century Fox”). The transaction ascribed a total enterprise value to the RSNs equal to $10.6 billion, which, after adjusting for minority interests, reflects an aggregate purchase price of $9.6 billion. The aggregate purchase price is subject to certain adjustments.
Byron Allen is an Equity and Content Partner in the RSN Holding Company
BALTIMORE, MD and BURBANK, CA (August 23, 2019) — Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair” or the “Company”) and The Walt Disney Company (NYSE: DIS) (“Disney”) today announced the completion of the previously announced acquisition by Sinclair of the equity interests in 21 Regional Sports Networks (the “RSNs”) and Fox College Sports, which were acquired by Disney in its acquisition of Twenty-First Century Fox, Inc. (“21st Century Fox”). The transaction ascribed a total enterprise value to the RSNs equal to $10.6 billion, which, after adjusting for minority interests, reflects an aggregate purchase price of $9.6 billion. The aggregate purchase price is subject to certain adjustments.
