Sunday, February 12, 2023

Diamond Sports Group Expected to File Bankruptcy Impacting Bally Sports Which has Rights to MLB, Soccer, etc.

Parent company Diamond Sports Group, which owns Bally Sports, is expected to file for bankruptcy next week (see article from Sportico). As you can imagine, there are all kinds of rumors about what this means for sports streaming with rants about losing viewing of all sports to some services (such as MLB) going to providing all of their games on MLB.TV but charging $300 - $400 per year. All rumors at this point as no one knows what will happen.

I hope this opens up the ability for providers, such as YouTube TV, to be able to provide local sports once again. Again, rumors are flowing that the company going bankrupt means YouTube TV, and others, would not be in the market to provide the sports streams at all. It might be a bit early to figure out what will happen with sports streaming after the dust settles, but I have to think it will be a better arrangement for the fan.

Time will tell if this will help or hinder fans from watching their teams. I am hopeful this will help and there is the possibility that leagues could take over their broadcasts meaning no more blackouts. I cannot help but wonder if part of the reason Bally Sports is failing is because of how limited they were in their reach for customers. Bally Sports was available as a pay service which I am not sure many people purchased. Others had the Bally Sports network through their provider such as CoxDirect Stream, or recently fuboTV. I know many others who simply did not watch as it was too much of a hassle to get their channels as they were not available on their selected platform or they did not want to pay extra for Bally Sports. Many others that acquired the broadcasts through other means. Make it difficult to watch sports and people will find other ways or stop watching entirely.

To early to tell how the upcoming bankruptcy will impact streaming, but have to believe it will have impact on this season that is fast approaching for MLB. What exactly will be impacted is rumor and guessing, but I expect we will hear something impacting Bally Sports in the near future. I will continue to hope for improvement to the current structure to make it easier and better for fans to watch sports.

Until next time, have a great week! I am prepping for the Super Bowl later this evening. I cannot wait! Go Chiefs!

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