A Prime Investment In Diamond Sports Is Possible

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It is already the home of Thursday Night Football. Now, there’s a report floating around that Prime Video from Amazon could be poised to pick up the streaming rights to professional sports teams presently under contract with the bankrupt Diamond Sports Group.


How so? Amazon is supposedly talking to DSG, the Sinclair Broadcast Group subsidiary, about an equity investment.

The Wall Street Journal on Monday afternoon reported that Amazon and DSG are “actively negotiating” about a strategic investment and multi-year streaming partnership. “People familiar with the matter” were sourced by the newspaper.

DSG would continue operating its cable networks through their present partnership arrangements.

Amazon presently has agreements with league-owned streaming services from the MLB and the NBA.

And, Amazon already has a piece of the ownership of the YES Network, home of the New York Yankees and Brooklyn Nets.

DSG creditors include a money-management arm of insurer Prudential; Fidelity Investments; and such hedge funds as Mudrick Capital Management.