Sources: Main Street Sports facing real possibility of liquidation
Main Street Sports faces liquidation if nine Major League Baseball teams exit, risking broadcast disruption for 20 NBA and NHL teams, with bankruptcy looming as early as next week.
4 Articles
4 Articles
FanDuel Sports Network Faces Liquidation Next Week As They Run Out of Money Marking The End of The Sports RSN
In a dramatic turn for the sports broadcasting landscape, Main Street Sports Group faces an imminent threat of liquidation under Chapter 7 bankruptcy proceedings as early as next week. The company, which oversees regional sports networks critical to millions of fans, could see its operations dismantled unless it secures urgent financing or retains commitments from […] The post FanDuel Sports Network Faces Liquidation Next Week As They Run Out of…
Main Street Sports RSN Group Is Looking Like a Dead End
Just 13 months after its precursor officially emerged from bankruptcy, time is running out for Main Street Sports. A cash crunch and the flight of nine MLB partners has put the owner/operator of the FanDuel-branded RSNs on a collision course with insolvency. As Main Street execs scramble for a financial lifeline, it appears increasingly unlikely […]
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