David Preschlack, a former NBC Sports executive who oversaw its regional sports networks and previously had a 20-year run at Disney and ESPN, has been named CEO of the financially challenged Diamond Sports Group.
A subsidiary of Sinclair Broadcast Group, which led the purchase of the formerly Fox-branded RSNs now operated under the Bally’s name, Diamond has faced a grueling couple of years amid cord-cutting and Covid.
The sports outfit, which owns and operates 19 RSNs along with a joint venture with the Chicago Cubs in Marquee and a minority interest in the YES Network, recently took a non-cash impairment charge of $1 billion in the third quarter.
In that same period, on September 26, it launched the Bally Sports+ subscription streaming offering nationwide, aiming for the $20-a-month service to help offset the secular decline of pay-TV subscribers.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.