Fox ups stake in Yankees network to 80%

21st Century Fox (FOX, FOXA) has raised its stake in the YES Network, which has exclusive local broadcast rights for New York Yankees and Brooklyn Nets games, to 80% from a prior 49% (acquired in 2012). Terms are undisclosed. (PR)

The Yankees will retain a 20% stake, and YES CEO Tracy Dolgin will remain in his current role. YES reaches 9M households in the NYC area, and also distributes programming nationwide.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs