The Ilitch organization may dip its toe into a regional sports network for Detroit teams and sports entertainment.
The conglomerate, which owns the Detroit Tigers and Detroit Red Wings, said on Tuesday that it has entered an "extensive exploratory process."
“FOX Sports Detroit is a great partner and we look forward to discussing renewal and extension possibilities,” said Chris Granger, group president, sports and entertainment for Ilitch Holdings Inc., in a statement.
No deadline has been set to complete the process.
The organization consists of 10 different operating companies across sports, food and entertainment industries.