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08/26/2024
Report: Amazon Walks Away from Diamond
Amazon has pulled its $115 million investment in the parent company of Bally Sports RSNs. Amazon announced a plan in January to make a minority investment in the company and enter into a commercial agreement to offer games carried on Diamond’s RSNs on Prime Video. That appears to be out the window, SBJ reports, citing multiple unnamed sources. The pub said it appears to only have delayed Diamond’s plan to re-emerge from bankruptcy.