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Sinclair reportedly raising $250 million for their Bally Sports streaming service

awfulannouncing.com

Most have presumed that legalized gambling is the way forward for the RSNs (hence the Bally Sports rebranding). But it sounds like streaming could be a key part of that puzzle as well. According to the New York Post’s Josh Kosman, the media company is working with investment bank LionTree to raise more than $250 million for a streaming service that would broadcast games they have exclusive rights to.

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