Sinclair to pay Disney $10.6bn for Fox regional sports networks

The regional sports networks were part the assets of Rupert Murdoch's 21st Century Fox sold to Disney in a blockbuster $71-billion deal completed earlier this year.

The sports operations include local rights to 14 Major League Baseball teams, 16 National Basketball Association teams, and 12 National Hockey League teams. It had some $3.8-billion in revenue and 74 million subscribers in 2018. "This is a very exciting transaction for Sinclair to be able to acquire highly complementary assets," said Chris Ripley, Sinclair's president and chief executive.

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