Sinclair Broadcast Group Inc., the most important proprietor of regional sports activities channels, stated its sports activities unit has secured $600 million in debt financing because it develops a streaming service that it goals to launch by the third quarter.
The corporate stated it additionally renewed its take care of the Nationwide Basketball Affiliation for the digital rights to air reside video games on a streaming platform. That settlement comes shortly after its comparable contract renewal with the Nationwide Hockey League.
