Walt Disney is reportedly near a final agreement to sell its remaining 21 regional sports networks to Sinclair Broadcast for around $10 billion. Is that too much or too little? (Photo: Ezra Shaw / Getty Images)
The nation’s largest broadcaster has reportedly reached a deal to acquire 21 regional sports networks from The Walt Disney Co. for more than $10 billion.
Sinclair Broadcast Group, based in Hunt Valley, Maryland, and Disney are expected to announce the deal as early as Friday, , citing persons familiar with the situation.
Disney acquired the sports networks as part of its $71 billion bid for a collection of Twenty-First Century Fox’s assets. But to gain the merger’s overall approval, saying the addition of these networks to ESPN would