Thursday, April 25, 2024
NewsSinclair Buying FOX Sports Network Regional Channels? (Breaking)

Sinclair Buying FOX Sports Network Regional Channels? (Breaking)

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According to a report from The Wall Street Journal, the parent company of Ring of Honor (ROH), Sinclair Broadcasting, is reportedly set to acquire FOX Sports Network’s regional (local) channels. This does not include the main FOX, FOX Sports or FS1 networks. The site reports that the Sinclair Broadcast Group has agreed to purchase the regional networks from Disney at a cost of $10 billion. An announcement could be made as early as tomorrow (Friday).

For what it’s worth, Disney is required to divest itself of the channels as part of the agreement to buy 21st Century Fox. The company already owns ESPN and are required to sell the networks within ninety days of the completion of the FOX deal, which happened in mid-March.

In regards to the future of ROH, it would potentially give Sinclair Broadcasting a more predominant home for the promotion than the current networks that ROH airs on through Sinclair. We’ll see what happens with that.

Of course, WWE is preparing to move SmackDown! Live to the FOX Network in October. Also, AEW is said to be close to an announcement for their TV home (likely TNT/TBS).

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