The Walt Disney Company
said Thursday it has sold its stake in the YES Network to an investor group that includes Amazon.com Inc.
Sinclair Broadcast Group
and Yankee Global Enterprises. The group acquired the 80% of the YES Network not already held by the New York Yankees for $3.47 billion, it said. The YES Network broadcasts games for the Yankees, Brooklyn Nets, Major League Soccer’s New York City FC, and the WNBA’s New York Liberty.
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