Amazon to invest in Diamond Sports as part of bankruptcy restructuring

Amazon to invest in Diamond Sports as part of bankruptcy restructuring

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ViewAmazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.

Diamond owns 18 networks under the Bally Sports banner. Those networks have the rights to 37 professional teams — 11 baseball, 15 NBA and 11 NHL.

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