Amazon to bid on Disney's Fox Sports channels

Amazon to bid on Disney's Fox Sports channels 1
Why it matters: Sports programming is one of the most highly sought after due to its popularity in the United States. Adding big name sports leagues such as the NBA and MLB increases the value for Amazon Prime Video and could make Prime subscriptions much more compelling.

Earlier this year, Disney completed a massive $71.3 billion acquisition of 21st Century Fox that included the 22 Fox Sports channels. Because Disney already owns ESPN, the Department of Justice forced Disney to sell off the Fox Sports channels to complete the buy. Amazon may be the one buying those channels according to CNBC.

The channels themselves broadcast games for 44 teams in major sports leagues like the MLB, NBA, and NHL. This would expand Amazon’s reach into sports who already has a deal with the NFL to broadcast Thursday Night Football games. Amazon also cemented a deal with the Premier League in Europe to stream 20 soccer games for three seasons starting in 2019.

Amazon already has its vast library of content with its Prime offerings. Along with the Fire TV hardware offerings, Amazon could have a killer lineup combining its premium shows like Jack Ryan with NFL, MLB, NBA, and NHL games. Sports are the primary reason many people are hesitant to cut the cord. This could be the catalyst to make cord cutting a lot more attractive.

Interestingly, the “New Fox” that spun out of the original Disney/Fox merger is reportedly trying to buy back the 22 channels. Additionally, other buyers have emerged such as The Blackstone Group, Apollo Global Management, KKR, and Sinclair Broadcast Group. If that last name sounds familiar, it’s because its the same company that forced news affiliates around the country to read the same scripted promo that bashed “fake news” and sounded very much like President Trump’s attack against the media.

While Amazon has not officially commented on the CNBC report, it will be interesting to see if Amazon can win this bid and increase their sports catalog for Prime subscribers.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 62,699.00
ethereum
Ethereum (ETH) $ 3,904.04
binance-coin
Binance Coin (BNB) $ 477.56
tether
Tether (USDT) $ 1.01
cardano
Cardano (ADA) $ 2.16
xrp
XRP (XRP) $ 1.11
solana
Solana (SOL) $ 161.80
polkadot
Polkadot (DOT) $ 42.66
usd-coin
USD Coin (USDC) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.241303
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 62,699.00
ethereumEthereum (ETH)
$ 3,904.04
tetherTether (USDT)
$ 1.01
bitcoin-cashBitcoin Cash (BCH)
$ 621.75
litecoinLitecoin (LTC)
$ 186.92
bitcoinBitcoin (BTC)
54.055,00
ethereumEthereum (ETH)
3.365,81
tetherTether (USDT)
0,870756
bitcoin-cashBitcoin Cash (BCH)
536,03
litecoinLitecoin (LTC)
161,15
bitcoinBitcoin (BTC)
45,615.84
ethereumEthereum (ETH)
2,840.33
tetherTether (USDT)
0.734812
bitcoin-cashBitcoin Cash (BCH)
452.35
litecoinLitecoin (LTC)
135.99

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

ICo Presale
The Science Behind ICO Presales…
October 14, 2021
Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d

bitcoin
Bitcoin (BTC) $ 62,699.00
ethereum
Ethereum (ETH) $ 3,904.04
binance-coin
Binance Coin (BNB) $ 477.56
tether
Tether (USDT) $ 1.01
cardano
Cardano (ADA) $ 2.16
xrp
XRP (XRP) $ 1.11
solana
Solana (SOL) $ 161.80
polkadot
Polkadot (DOT) $ 42.66
usd-coin
USD Coin (USDC) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.241303