MLB, Braves object to Diamond Sports reorganization plan, question company's future viability
Publishing timestamp: 2024-11-08 22:44:59
Summary
MLB and Atlanta Braves object to Diamond Sports Group's restructuring plan in bankruptcy court, citing concerns about future viability and lack of information. Braves are part of publicly traded company Atlanta Braves Holdings, split off from Liberty Media in 2023. Diamond Sports is attempting to renegotiate contracts with MLB teams as part of its bankruptcy plan.
Sentiment: MIXED
Keywords: breaking news: business, media, liberty media corp, amazon.com inc, business news, television, sports,
Source: https://www.cnbc.com/2024/11/08/mlb-baseball-braves-diamond-sports-reorganization-plan.html