Diamond Sports Asks Bankruptcy Court for Emergency Hearing as Leagues Demand to See Sensitive Pay TV Contracts [Yahoo! Finance]
Charter Communications, Inc. - Class A (CHTR)
Last charter communications, inc. - class a earnings: 5/1 07:00 am
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Source: Yahoo! Finance
Diamond is still at an impasse on a new carriage agreement with Comcast for its Bally Sports-branded regional sports channels. The NBA, NHL and Major League Baseball want to examine the company's contracts with Charter Communications, DirecTV, Cox Communications and other pay TV providers to see if Diamond still has the distribution heft to remain a viable local TV partner. Also Read: Everything You Need To Know About the Bally Sports Bankruptcy Specifically, the leagues want to look for so-called "most favored nation" (MNF) clauses in these contracts. Should Diamond give into Comcast's demand that its Bally Sports-branded channels reside on a more expensive premium tier, these other pay TV operators could use their MNF clauses to add similarly favorable terms to their existing deals with Diamond. On Monday, Cox sent a letter to the judge presiding over Diamond's 15-month bankruptcy process, Chris Lopez, expressing concern over the "highly sensitive information" the leagues hav
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CHTR
News
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CHTR
Earnings
- 4/26/24 - Miss
CHTR
Sec Filings
- 6/25/24 - Form 4
- 6/17/24 - Form 4
- 6/10/24 - Form 4
- CHTR's page on the SEC website