WSJ: Sinclair in talks to acquire Tennis Channel

[whitewolf8214]

WSJ: Sinclair in talks to acquire Tennis Channel
Sep 21 2015, 15:36 ET | By: Jason Aycock, SA News Editor

Sinclair Broadcast Group (SBGI +0.6%), the nation's biggest local broadcaster, has held talks to acquire the Tennis Channel, The Wall Street Journal reports.Sinclair has engaged in multiple rounds of talks with the various private-equity owners of the network, which include Apollo Global Management and Bain Capital Ventures. DirecTV (NYSE:T) and Dish Network (NASDAQISH) also have small stakes.
The ownership is seeking a healthy premium, asking $500M or more for the Tennis Channel.
It would be a bid for more content by Sinclair, which is dependent on the big four broadcasters for much of what it puts on TV.
http://seekingalpha.com/news/2790106-wsj-sinclair-in-talks-to-acquire-tennis-channel#email_link

 

[localclassictvfan]

Most of their stations have 3 diginets IDK how they would fit 4.....

 

[jegrant]

Would they merge it with their American Sports Network? I also assume they would try to use retrans rights to force every MVPD provider to carry Tennis/ASN

 

[SamCdbs]

Nothing to do with making this a "diginet". Sinclair will simply force cable companies to carry this niche channel in the next retrans extortion.

 

[Mr Tony]

Most of their stations have 3 diginets IDK how they would fit 4.....

most have 2 right now (get and Grit) and the supposed SciFi channel that is to launch later this year.

 

[localclassictvfan]

most have 2 right now (get and Grit) and the supposed SciFi channel that is to launch later this year.

Escape is on some right....

 

[Mr Tony]

Escape is on some right....

nope. None of the Sinclair stations have that

Zuus Country in a couple markets where there are 2 Sinclair owned stations.
Various other stations like Me, This etc on stations that Sinclair recently bought