Disney, Comcast, Time Warner may bid for Yankees TV network

[crazy4wdw]

Disney, Comcast, Time Warner may bid for Yankees TV network

Posted Aug 2nd 2007 4:20PM by Jonathan Berr

Walt Disney Corp., Comcast Corp. and Time Warner Inc. may be tempted to pick up the Yankee Entertainment & Sports Network, the cable TV channel that broadcasts the baseball team's games which Bloomberg News said could be worth as much as $2 billion.

The channel, whose owners include Goldman Sachs Group Inc. and former New Jersey Nets owner Raymond Chambers, is "running a limited check" and would only consider selling if it got a price "reflecting its real value," spokesman Peter Rose told Bloomberg. Funny guy to be quoted in a baseball story. I guess anything is for sale at the right price. What an original concept.

It will be an interesting test of wills between Disney's ESPN and Comcast. ESPN remains a juggernaut for the house that Mickey built. Comcast is trying to challenge ESPN with its Comcast SportsNet channels including the one I watch in Philadelphia that broadcasts Phillies games.

Remember, we're talking about the Yankees here, one of the most recognized though not necessarily loved franchises in baseball. New Yorkers, though, continue to love their Bronx Bombers even though they have struggled this year.

But the time the YES network is sold, however, slugger Alex Rodriguez will have left the Big Apple for parts unknown. With $2 billion in the bank, I'm sure the team could afford to replace him.

 

[HB_Gibbs]

Well they were able to win a World Series when they owned the Angels. So maybe they will have success with the Yankees network....Even though I hate the Yankees.

 

[Cricket2]

Well they were able to win a World Series when they owned the Angels. So maybe they will have success with the Yankees network....Even though I hate the Yankees.

Yeah, but what about the Ducks? It works both ways.

 

[Tink's Tormentor]

The YES Network would go from a Sports and Entertainment channel to a mouse of a network.. (PUN INTENDED!!!) Maybe Mickey can throw out the first pitch??? LOL.....