TV broadcasting company Sinclair will buy 21st Century Fox’s 21 regional sports networks from Disney for $10 billion, according to a report from The Wall Street Journal. Sinclair was one of several bidding for the sports networks, which had also seen interest from Liberty Media, MLB, and Big 3 Basketball LLC. Sinclair had come out on top thanks to its mostly-cash deal, according to a report last week from Fox Business crediting unknown sources.
The earlier report had also pegged the deal price of $10 billion.
Disney had come to own the regional sports networks by way of its $71.3 billion purchase of Fox, which closed in March. That acquisition gave it more movies, TV and IP including film titles like “The Shape of Water,”