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You are here: Home / Why Amazon wants to buy 22 regional sports networks

Why Amazon wants to buy 22 regional sports networks

Amazon is reportedly interested in buying nearly two dozen regional sports networks. That would be a bold gamble on the future of how viewers consume sports content. ASSOCIATED PRESS Employees walk through a lobby at Amazon’s headquarters on Nov. 13 in Seattle. Amazon is reportedly interested in buying nearly two dozen regional sports networks. That would be a bold gamble on the future of how viewers consume sports content. Amazon is reportedly interested in buying nearly two dozen regional sports networks. That would be a bold gamble on the future of how viewers consume sports content. The e-commerce giant is said to have bid for the 22 regional sports networks that 21st Century Fox is offloading as part of its sale to The Walt Disney Co., CNBC reported, citing unnamed sources. Together, the networks air the games of 44 teams in the NBA, Major League Baseball and the NHL. An earlier report by Reuters that also cited unnamed sources suggested that the networks could be valued at over $20 billion, which would make the purchase Amazon’s biggest deal ever. But what does Amazon want with 22 sports networks? The simplified logic runs like this: At a time when pay TV… Read full this story

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