In a boardroom drama that has been simmering on the back-burner for months, Bally Sports Wisconsin—the Milwaukee Bucks’ local television broadcast partner—has a more secure future. News came down the wire yesterday that Bally Sports’s owner, Diamond Sports Group, is being bailed out of bankruptcy by Amazon:
Bally Sports, which broadcasts games from 37 professional and college sports teams across the U.S., is set to stream games directly on Amazon Prime Video—thanks to a proposed debt restructuring agreement for owner Diamond Sports Group. https://t.co/PGzqoVpihU
— Forbes (@Forbes) January 17, 2024
You can find the official announcement via Business Wire here.