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FanDuel Sports Network
FanDuel Sports Network (formerly Bally Sports) is a group of regional sports networks in the United States owned by Main Street Sports Group (formerly Diamond Sports Group). The networks carry regional broadcasts of sporting events from various professional, collegiate, and high school sports teams. Through its owned-and-operated networks and several other affiliates, its programming is available to all or part of at least 33 states. The networks were formerly known as Fox Sports Networks and operated by News Corporation for most of their existence. They were acquired by Diamond Sports from the Walt Disney Company in 2019, as Disney was required to divest them by the U.S. Department of Justice as a condition of their own acquisition of 21st Century Fox. Diamond Sports was initially established by Sinclair Broadcast Group, with additional equity funding from Allen Media Group. After the takeover, Diamond sold naming rights to the channels to casino operator in Bally's Corporatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FanDuel TV
FanDuel TV is an American sports-oriented digital cable and satellite television network owned by FanDuel Group, the U.S. subsidiary of Irish bookmaker Flutter Entertainment. Formerly known as TVG and specializing in coverage of live horse racing, the network was rebranded as FanDuel TV in September 2022. Post-rebrand, the intent is to focus on mainstream sports and sports betting while retaining the TVG name for online horse wagering. History TVG (1999–2022) FanDuel TV was launched on July 14, 1999 as TVG (short for Television Games Network), and was founded as a joint-venture of TV Guide Inc. (which at the time was owned by both Liberty Media and News Corp.), National Thoroughbred Racing Association, and AT&T Broadband. In May 2006, TVG introduced several new programs to its schedule including ''Morning Line'', ''Fandicapping'', '':58 Flat'', ''Lady Luck'' (an all-female panel discussion program focusing on the day's races) and ''Drive Time'' (which covered exclusive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
News Corporation
News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue, and News Corporation had become a media powerhouse since its inception, dominating the news, television, film, and print industries. News Corporation was a publicly traded company listed on NASDAQ. Formerly incorporated in Adelaide, South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on November 12, 2004. News Corporation was headquartered at 1211 Avenue of the Americas, New York, in the newer 1960s–1970s corridor of the Rockefeller Center complex. On June 28, 2012, after concerns ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Network
Prime Sports (originally known as the Prime Sports Network (PSN), and also known as Prime Network or simply Prime) is the collective name for a former group of regional sports networks in the United States that were owned by Liberty Media, operating from November 1988 to October 31, 1996. While Liberty owned many of these networks, some of Prime's member networks were owned by other companies, and carried programming distributed for the group through affiliation agreements. As a result, Prime-affiliated networks had the right to select Prime Network programs to broadcast. Each of the networks primarily carried regional broadcasts of sporting events from various professional, collegiate and high school sports teams (with broadcasts typically exclusive to each individual network, although some were shown on multiple Prime networks within a particular team's designated market area), along with regional and national sports discussion, documentary and analysis programs. History Ear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FanDuel
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service. The company was originally founded as a daily fantasy sports provider, and principally competed with DraftKings. In May 2018, amid the widening legalization of sports betting in the United States, FanDuel agreed to merge with the U.S. operations of Irish bookmaker Paddy Power Betfair (now Flutter Entertainment) to form FanDuel Group. The acquisition sought to leverage the company's existing brand recognition and user base, with FanDuel becoming the company's main U.S. brand. History FanDuel was founded by Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones and Chris Stafford on July 21, 2009 in Edinburgh, Scotland, as a pivot from Hubdub, a news predict ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However it is legal in some states of the United States, some provinces in Canada, most countries of the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of licence provide services or advertise to residents there. For example, the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the United States. Many online casinos and gambling companies around the world choose to base themselves in tax havens near their main markets. These destinations include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy Of Diamond Sports Group
Diamond Sports Group LLC is an American media and entertainment company operating as a subsidiary of Sinclair Broadcast Group, and partnered with Entertainment Studios. The company operates Bally Sports, a group of regional sports channels which was formerly known as the Fox Sports Networks. History Sinclair Broadcast Group formed the company with Byron Allen's Entertainment Studios to acquire 22 regional Fox Sports Networks affiliates and Fox College Sports from The Walt Disney Company, which was required to divest of these networks to secure government antitrust approval. The transaction, initially valued at $10.6 billion, is managed through a joint venture called Diamond Holdings Group, and formally closed the transfer in August 2019 for $9.6 billion. The company's regional sports networks have exclusive broadcasting rights to 42 professional teams (including 16 National Basketball Association teams, 14 Major League Baseball teams, and 12 National Hockey League teams), and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cord-cutting
In broadcast television, cord-cutting refers to the pattern of viewers, referred to as cord-cutters, cancelling their subscriptions to multichannel television services available over cable or satellite, dropping pay television channels or reducing the number of hours of subscription TV viewed in response to competition from rival media available over the Internet. This content is either free or significantly cheaper than the same content provided via cable. As a market trend, a growing number of "cord cutters" do not pay for subscription television in favor of some combination of broadband Internet and IPTV, digital video recorders, digital terrestrial television and/or free-to-air satellite television broadcasts. A related group, the cord-nevers, have never used commercial cable for television service, relying on internet sources from the start. A number of purely internet television services, part of the wider IPTV concept, have emerged to cater to these groups. In the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bally's Corporation
Bally's Corporation is a gaming, betting, and interactive entertainment company headquartered in Providence, Rhode Island. It owns and operates 15 casinos across ten states, a horse track in Colorado, and online sports betting operations in 14 states.Lou Monaco"Bally's Rebrands Kansas City Casino, Expansion Planned,"Top US Casinos, April 3, 2021. Additionally, the company owns the sports betting platform Bet.Works, daily fantasy sports operator Monkey Knife Fight, and SportCaller, a free-to-play game provider. The company was founded in 2004 as BLB Investors. It eventually changed its name to Twin River Worldwide Holdings. In 2020, the company acquired the rights to the Bally's brand from Caesars Entertainment and changed its own name to Bally's Corporation. History Bally's originated as BLB Investors. BLB was formed in 2004 as a joint venture between Starwood Capital Group, Kerzner International, and the Waterford Group for the purpose of launching a bid to acquire Wembley ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naming Rights
Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of time. For properties such as multi-purpose arenas, performing arts venues, or sports fields, the term ranges from three to 20 years. Longer terms are more common for higher profile venues such as professional sports facilities. The distinctive characteristic for this type of naming rights is that the buyer gets a marketing property to promote products and services, promote customer retention and/or increase market share. There are several forms of corporate sponsored names. For example, a ''presenting sponsor'' attaches the name of the corporation or brand at the end (or, sometimes, beginning) of a generic, usually traditional, name (e.g. Mall of America Field at Hubert H. Humphrey Metrodome); or, a ''title sponsor'' replaces the origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allen Media Group
Entertainment Studios, Inc., also known as Allen Media Group, is an American media and entertainment company based in Los Angeles. Owned and founded in 1993 by businessman Byron Allen, the company was initially involved in the production and distribution of first-run television series for U.S. television syndication. Under the Entertainment Studios Networks division, it also operates a group of digital cable and satellite channels, which broadcast a mix of original programs and the company's syndicated content. In the late 2010s, the company made several major expansions to its operations, including: entering the film distribution market; acquiring The Weather Channel from NBCUniversal and Bain Capital; partnering with Sinclair Broadcast Group to operate the regional sports network chain Bally Sports via Diamond Sports Group; and its acquisition of television stations from another minority-owned media group, Bayou City Broadcasting. History Entertainment Studios was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sinclair Broadcast Group
Sinclair Broadcast Group, Inc. (SBG) is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations (after Nexstar Media Group), owning or operating a total of 193 stations across the country in over 100 markets (covering 40% of American households), many of which are located in the South and Midwest, and is the largest owner of stations affiliated with Fox, NBC, CBS, ABC, MyNetworkTV, and The CW. Sinclair also owns four digital multicast networks (Comet, Charge!, Stadium, and TBD), sports-oriented cable networks ( Tennis Channel and Bally Sports Regional Networks), and a streaming service ( Stirr). On June 2, 2021, it was announced that Sinclair is a ''Fortune'' 500 company, having annual revenues of $5.9 billion in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
