December 14, 20232 yr https://www.mlbtraderumors.com/2023/12/pirates-penguins-agree-to-joint-ownership-of-sportsnet-pittsburgh.html The Pirates announced Wednesday that they’ve entered into an agreement with the NHL’s Pittsburgh Penguins for joint ownership of the SportsNet Pittsburgh network. Jason Mackey of the Pittsburgh Post-Gazette first reported the agreement. With the new partnership, SportsNet Pittsburgh will continue to carry all regionally broadcasted Pirates games and expand the network’s pregame and postgame coverage of the team. .... The deal creates some eyebrow-raising partnerships due to the fact that daily operations of the network are handled by the New England Sports Network (NESN), which is owned by Fenway Sports Group. FSG owns the Penguins and holds an 80% stake in SportsNet Pittsburgh, per Mackey. That means that Red Sox owners John Henry and Tom Werner, the founders of FSG, will directly profit from the Pirates’ television broadcasts moving forward. Williams emphasized to Mackey that MLB has not deemed that to be a conflict of interest — FSG’s operations are a separate business venture from the Red Sox — and he added that the existing relationship between Henry, Werner and Pirates owner Bob Nutting actually helped to facilitate the arrangement. Notably, Williams indicated that both the Pirates and Penguins are hoping to be able to offer a direct-to-consumer streaming option “as soon as possible,” adding that such a feature is currently at the works at NESN. Financial terms of the short-term arrangement and any potential down-the-road streaming options remain unclear, but Williams claimed the broadcast situation will not change the team’s payroll outlook. .... More at link above.
December 14, 20232 yr 3 hours ago, Michael said: Was it a mutual agreement? Nah, it’s one of those agreements where one side doesn’t agree.
December 14, 20232 yr 1 hour ago, mystikol87 said: Nah, it’s one of those agreements where one side doesn’t agree. Good. Way to impose your will, Pittsburgh teams.
December 14, 20232 yr 2 hours ago, mystikol87 said: Nah, it’s one of those agreements where one side doesn’t agree. So I wonder if they agreed to disagree?
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