Report: Amazon Bids for Disney’s 22 Regional Sports Networks

Nov 20, 2018  •  Post A Comment

Amazon is submitting a bid for all 22 of the regional sports television networks that The Walt Disney Co. recently acquired from 21st Century Fox, according to a report by CNBC.

Other bidders for the networks include Apollo Global Management, KKR, Blackstone, Sinclair Broadcast and Tegna, CNBC reports, citing unnamed sources. They all reportedly entered bids for the full slate of regional nets.

“The e-commerce giant’s bid includes the New York-based YES Network, sources familiar with the matter told CNBC. It is bidding for the New York network along with an unknown sovereign wealth fund and the Yankees, the sources said. YES may be sold separately from the other networks,” CNBC reports.

The report notes that Fox itself, which was considered a front-runner to acquire back the channels, did not enter a first-round bid.

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