YES Network’s next chapter

Yankee Global Enterprises, in partnership with Sinclair Broadcast Group and Amazon, completed the purchase the YES Network from The Walt Disney Company, acquiring the 80% of the YES Network not already held by Yankee Global Enterprises at a total enterprise value of $3.47 billion. The three companies will work together to enhance the network and position it strategically to continue its leadership in sports broadcasting across all forms of distribution. Jon Litner will remain in his existing role as President of the YES Network.

“This transaction brings the YES Network and all of its popular programming even closer to the organization that inspired its very development,” said Hal Steinbrenner, CEO, Yankee Global Enterprises. “Along with our partners, we look forward to greatly expanding the way that sports content is delivered and consumed by fans everywhere.”

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