LA Dodgers cleared to sell media rights

Last updated 13:40 09/12/2011

Related Links

LA Dodgers cleared to sell media rights

Relevant offers

World

Bangladesh fire kills at least 13 people in city market China's yuan now a top five payment currency US Fed keeps patient approach to hiking rates Facebook revenue jumps 49pc, beats forecast 'Meditating' mummy found in Mongolia Typo brings down 120-year-old company Taylor & Sons New Zealander who forecast D-day landings has died NZ's Duncan Hardie Group seeks Solomon Island oil iPhone helps Apple smash sales records Facebook takes blame for outages, including Instagram

The Los Angeles Dodgers were cleared by a judge to begin a multibillion-dollar sale of future rights to broadcast the bankrupt team's games, dealing a blow to its current broadcaster Fox Sports.

Fox Sports, a unit of News Corp spent two days in bankruptcy court trying to prove that the Dodgers move could destroy their regional sports network in the country's No 2 media market, which Fox argued was worth US$1 billion ($1.3 billion).

Delaware bankruptcy court judge Kevin Gross overruled the Fox objections.

The Dodgers expect the sale of the media rights to boost the value of the team, which is being auctioned in the coming months

Ad Feedback

- Reuters

Special offers

Featured Promotions

Sponsored Content