Ball Game—News Corp Says Yes to Yankees Net

As expected, News Corp sealed the deal for a 49% equity stake in YES Net, which extended its TV rights with the Yankees through ’42. It’s a bit of a homecoming for YES top execs, with pres/CEO Tracy Dolgin, COO Ray Hopkins and pres, programming and prod John Filippelli all having previously worked at Fox and Fox Sports. But Dolgin said the connection is stronger than that. He explains why he thinks this is “a perfect marriage” and Bernstein Research comments on the deal.

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