Diamond Sports Group reaches agreement with Amazon

Alden Gonzalez, ESPN Staff WriterNov 13, 2024, 04:47 PM ET

CloseESPN baseball reporter. Covered the L.A. Rams for ESPN from 2016 to 2018 and the L.A. Angels for MLB.com from 2012 to 2016.

Diamond Sports Group, the bankrupt operator of regional sports networks, has announced a commercial agreement with the streaming giant Amazon that will allow in-market fans to watch their teams through Prime Video.

The agreement extends to Diamond’s 16 RSNs in 31 states and will be available “as an add-on subscription” for those who already have access to Amazon Prime, limited to customers corresponding within each team’s designated geographic area, Diamond announced in a news release Wednesday.

Pricing and a start date have yet to be determined. The agreement is non-exclusive, which means fans can also stream local games through the FanDuel Sports Network website.

In a statement, Diamond CEO David Preschlack wrote: “Partnering with Prime Video, one of the largest streaming destinations in the U.S., and making FanDuel Sports Network available as part of their add on subscriptions, creates a tremendous opportunity for us to expand our reach and better connect with viewers. Our partnerships with Prime Video and FanDuel combine with our agreements with team, league and distribution partners to support a transformative reorganization of our business, and a leading linear and digital offering that will continue driving long-term value and enhanced experiences for our partners and fans.”

Diamond announced as part of a restructuring support agreement in January that Amazon would become a minority investor, infusing the company with $115 million, while also entering into a commercial arrangement that would provide access to Diamond’s services via Prime Video. Roughly seven months later, while simultaneously negotiating a $1.93 billion media-rights deal with the NBA and the WNBA, Amazon pulled out as an investor.

Diamond, though, still hoped to negotiate a commercial agreement with Amazon –…


Source link : https://www.espn.com/mlb/story/_/id/42373474/diamond-sports-group-reaches-agreement-amazon

Author : Alden Gonzalez

Publish date : 2024-11-13 21:48:09

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