Pels TV partner Bally’s Sports Owners declares bankruptcy

[tpstulane]

Pels probably going to have to shop around for a new TV partner. Bally’s going bust.

Sinclair Broadcasting, the owner of the TV partner of the New Orleans Pelicans, is facing Chapter 11 bankruptcy.
https://www.si.com/nba/pelicans/nba/bal ... tid=ykz3hl

[Greeniegb]

Pels probably going to have to shop around for a new TV partner. Bally’s going bust.

Sinclair Broadcasting, the owner of the TV partner of the New Orleans Pelicans, is facing Chapter 11 bankruptcy.
https://www.si.com/nba/pelicans/nba/bal ... tid=ykz3hl

They own almost all of New Orleans radio stations, what does that mean.
City of license / Market Station Years owned Current ownership status
Santa Monica–Los Angeles, CA KBLA 1580 1996–1998[J] Multicultural Broadcasting
New Orleans, LA WWL 870 1996–1999[J] Audacy, Inc.
WSMB 1350 1996–1999[J] WWWL; Audacy, Inc.
WBYU 1450 1997–1998 Defunct, license cancelled in 2012
WTKL 95.7 1997–1999[x] WKBU; Audacy, Inc.
WEZB 97.1 1998–1999 Audacy, Inc.
WRNO-FM 99.5 1997–1998 iHeartMedia
WLMG 101.9 1996–1999[J] Audacy, Inc.
KMEZ 102.9 1996–1998[J] Cumulus Media
WLTS-FM 105.3 1997–1999[x] WWL-FM; Audacy, Inc.

[dpm wave]

Or restructure and go direct to consumer via streaming

[tpstulane]

Pels probably going to have to shop around for a new TV partner. Bally’s going bust.

Sinclair Broadcasting, the owner of the TV partner of the New Orleans Pelicans, is facing Chapter 11 bankruptcy.
https://www.si.com/nba/pelicans/nba/bal ... tid=ykz3hl

They own almost all of New Orleans radio stations, what does that mean.
City of license / Market Station Years owned Current ownership status
Santa Monica–Los Angeles, CA KBLA 1580 1996–1998[J] Multicultural Broadcasting
New Orleans, LA WWL 870 1996–1999[J] Audacy, Inc.
WSMB 1350 1996–1999[J] WWWL; Audacy, Inc.
WBYU 1450 1997–1998 Defunct, license cancelled in 2012
WTKL 95.7 1997–1999[x] WKBU; Audacy, Inc.
WEZB 97.1 1998–1999 Audacy, Inc.
WRNO-FM 99.5 1997–1998 iHeartMedia
WLMG 101.9 1996–1999[J] Audacy, Inc.
KMEZ 102.9 1996–1998[J] Cumulus Media
WLTS-FM 105.3 1997–1999[x] WWL-FM; Audacy, Inc.

Creditors likelihood to take over.
This article looks at the financial fallout.
https://www.bloomberg.com/news/articles ... -reckoning

The restructuring plan favored by many creditors and the company itself would see the largest lenders becoming owners, turning much of its debt into equity through a pre-arranged Chapter 11 process, according to people with knowledge of the matter, who declined to be identified citing the private nature of the talks.

[HoustonWave]

Pels probably going to have to shop around for a new TV partner. Bally’s going bust.

Sinclair Broadcasting, the owner of the TV partner of the New Orleans Pelicans, is facing Chapter 11 bankruptcy.
https://www.si.com/nba/pelicans/nba/bal ... tid=ykz3hl

They own almost all of New Orleans radio stations, what does that mean.
City of license / Market Station Years owned Current ownership status
Santa Monica–Los Angeles, CA KBLA 1580 1996–1998[J] Multicultural Broadcasting
New Orleans, LA WWL 870 1996–1999[J] Audacy, Inc.
WSMB 1350 1996–1999[J] WWWL; Audacy, Inc.
WBYU 1450 1997–1998 Defunct, license cancelled in 2012
WTKL 95.7 1997–1999[x] WKBU; Audacy, Inc.
WEZB 97.1 1998–1999 Audacy, Inc.
WRNO-FM 99.5 1997–1998 iHeartMedia
WLMG 101.9 1996–1999[J] Audacy, Inc.
KMEZ 102.9 1996–1998[J] Cumulus Media
WLTS-FM 105.3 1997–1999[x] WWL-FM; Audacy, Inc.

Creditors likelihood to take over.
This article looks at the financial fallout.
https://www.bloomberg.com/news/articles ... -reckoning

The restructuring plan favored by many creditors and the company itself would see the largest lenders becoming owners, turning much of its debt into equity through a pre-arranged Chapter 11 process, according to people with knowledge of the matter, who declined to be identified citing the private nature of the talks.

Maybe the new Sinclair owners will get their Fox Regional Sports channels back on DishTV--apparently that didn't work out too well for Sinclair, among many other things.

[tpstulane]

Declared bankruptcy on Tuesday
https://www.cnbc.com/2023/03/14/diamond ... uptcy.html

[greenie78]

Pels are gonna have to find a TV partner just as much as the PAC-12.