FOR IMMEDIATE RELEASE
SINCLAIR ACQUIRES 20% INTEREST IN YES NETWORK
BALTIMORE, MD (August 29, 2019) – As part of a consortium, led by Yankee Global Enterprises, Sinclair Broadcast Group, Inc. (“Sinclair”) (NASDAQ: SBGI) announced that an indirect subsidiary of Diamond Sports Group has acquired a 20% equity interest in the Yankee Entertainment and Sports Network (“YES Network”), valued at approximately $346 million on a total enterprise value of $3.47 billion. In addition, under the YES Network management team, Sinclair will direct the YES Network’s traditional and virtual distribution relationships.
Read more…SBG YES_FINAL
Sinclair Acquires 20% Interest In YES Network
RECENT NEWS RELEASES
- January 15, 2021
- Sinclair Broadcast Group’s “THE NATIONAL DESK” to Premier Monday, January 18
- January 14, 2021
- ABC 45-TV Announces Premiere of Local News in the Triad Market
- January 13, 2021
- Sinclair Names Billy Robbins Vice President and General Manager of WBFF in Baltimore Maryland
- ViacomCBS and Sinclair Broadcast Group, Inc. Announce Affiliation Agreements
- January 7, 2021
- Major Broadcasters Launch NEXTGEN TV On Four Local Television Stations In Columbus, Ohio
- December 29, 2020
- Sinclair Announces Promotions
- December 22, 2020
- ONE Media 3.0 Launches its STIRR Radio App in Seattle
- December 16, 2020
- Seattle Becomes Latest Large Market To Launch NEXTGEN TV With All Major Broadcasters
- December 4, 2020
- Sinclair Closes Private Offering of Senior Secured Notes
- November 30, 2020
- So Vang Joins ONE Media 3.0