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NWSL announces record broadcast deal to start in 2024
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
Scripps Company CEO Adam Symson speaks during a press conference announcing the NWSL’s new partnerships with CBS Sports, ESPN, Prime Video, and Scripps Sports at Venue 808. Mandatory Credit: Kyle Terada-USA TODAY Sports Acquire Licensing RightsNEW YORK, Nov 9 (Reuters) - The National Women's Soccer League (NWSL) has agreed a four-year media deal with broadcasters ESPN, CBS, Prime Sports and Scripps' ION Network, the league said on Thursday. The NWSL described the deal, worth a reported $60 million annually, as the "largest media investment in women's sports history", promising "record-breaking distribution and revenue" for the top-flight American league. The 2024 NWSL will include two expansion teams, Bay FC and the Utah Royals. Reporting by Amy Tennery in New York, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Adam Symson, Kyle Terada, Jessica Berman, Rosalyn Durant, Amy Tennery, Ed Osmond Organizations: Scripps Company, CBS Sports, ESPN, Prime, Scripps Sports, Women's Soccer League, CBS, Prime Sports, Scripps, ION Network, Bay FC, Utah Royals, Thomson Locations: San Diego , California, USA, Australia, New Zealand, New York
Fox will pay $6 million, and CBS, now known as Paramount Global (PARA.O), will pay $5 million, the court filing showed. Representatives for Cox, Fox and CBS either declined to comment or did not immediately respond to a message seeking comment. Representatives from those defendants either declined to comment on the pending litigation or did not immediately respond to messages seeking comment. Plaintiffs' attorney Megan Jones at law firm Hausfeld, on Tuesday did not immediately respond to a message seeking comment. The case is In re: Local TV Advertising Antitrust Litigation, U.S. District Court for the Northern District of Illinois, No.
Persons: Cox, District Judge Virginia Kendall, schemed, Sinclair, Kendall, Megan Jones, Hausfeld, Freed, Robins Kaplan, Jennifer Giordano, George Cary, Cleary Gottlieb Steen, Nathan Eimer, Eimer Stahl, Weil, Brian Sher, Bryan Cave Leighton, Mike Scarcella, Leigh Jones Organizations: Fox, CBS, Cox Media Group, Fox Corp, CBS Corp, Northern, Northern District of Illinois, Paramount Global, U.S, District Judge, Cox, Sinclair Broadcasting Group Inc, Scripps Company, TEGNA Inc, U.S . Justice Department, Local, Antitrust Litigation, Northern District of, Millen, Latham, Watkins, Hamilton, Thomson Locations: U.S, Northern District, Chicago, Northern District of Illinois
Sinclair bought its regional sports networks, now branded as Bally, from Fox after it sold assets to Disney. Four years later, the 19 networks now carrying the Bally Sports brand name are likely headed for a Chapter 11 reorganization. "We see downside risk increasing as Pay TV subscribers shift away from the linear bundle. Questions are swirling over how Diamond Sports will continue to pay rights fees to the sports leagues during a reorganization process. Symson said local rights are up in some markets and Scripps is ready to engage.
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