USA: Disney sells 21 of Fox's regional networks to Sinclair Broadcast Group for $10.6bn (€9.5bn)

The American audiovisual group Sinclair Broadcast Group has acquired 21 of Fox's 22 regional sports networks from the American media and entertainment group The Walt Disney Company for $10.6bn (€9.5bn) on 03/05/2019.

The sale follows Disney Group's acquisition of the majority of the assets of the American media and film production conglomerate, 21^st Century Fox, for $71bn (€62.5bn) on 19/03/2019.

Prior to this acquisition, 21^st Century Fox sold its news and sports subsidiaries, including the pay-TV network Fox Sports, present in the United States (excluding regional channels), Latin America, the Netherlands, Australia, Hong Kong and Southeast Asia, to a new company, "Fox Corporation", which was created on the same date (19/03/2019).

The Walt Disney Company is the parent company of the sports channel network ESPN, a competitor of Fox Sports in the United States, Latin America and Brazil. The American, Mexican and Brazilian regulators had ordered Fox to sell its sports channels before the sale to Disney.

• "YES Network", a New York sports channel, was not included in the transaction.
  
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