Back in November of 2012, FOX Sports and 21st Century Fox bought 49 percent of the claiming stake of the YES (Yankees Entertainment and Sports) Network with the Steinbrenner family still in control of the network.
On Friday, Fox bought an even bigger portion of the YES Network and now will own the majority of the network, as Fox CEO Rupert Murdoch and his company will now own 80 percent of the company; the deal is likely to be completed by the end of March.
The YES Network launched before the New York Yankees season in 2002 on March 19, 2002 lead by late and former Yankees owner George Steinbrenner and has broadcasted all of the Yankees games since that season. They have also since started broadcasting the New Jersey Nets; now turned Brooklyn Nets games as well on the network.
There has been some rumor and chatter about FOX re-naming the network into something along the lines of FOX Sports New York, but at the current time, it will still remain the YES Network for the upcoming 2014 season for the Yankees and continuing for the Nets 2013-2014 season.
- Be sure to like Yankees 101 on Facebook, follow Yankees 101 on Twitter& +1 Yankees 101 on Google+
- Be sure to “like” Sports Media 101 on Facebook and to follow Sports Media 101 on Twitter
- Subscribe to Sports Media 101 using Google Currents
- FightClub.com, Now the Official Fantasy Football Game of Sports Media 101; Sign-Up Free, Win Big
- New York Yankees Won’t Sign Former Boston Red Sox SS/3B Stephen Drew
- New York Yankees Owner Hal Steinbrenner: Alex Rodriguez is Still an Asset, Could Play in 2015
- New York Yankees Announce 10-Year Deal with WFAN 660, Will Broadcast Games on Radio Starting in 2014 Season
- Brian Cashman, Hal Steinbrenner Tab David Robertson as Closer for New York Yankees in 2014
Short URL: http://sport-ne.ws/173b