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Amazon bidding on Fox’s 22 regional sports networks: report

November 20, 2018 / Ben Munson

Amazon has reportedly jumped in with a bid for 21st Century Fox’s 22 regional sports networks that Disney is selling off as part of its $71.3 billion Fox acquisition.According to CNBC’s David Faber, Amazon is bidding on all of the networks, which include distribution deals with major sports leagues including MLB, NHL and the NBA.Amazon is facing competition from Apollo Global Management, KKR & Co., The Blackstone Group, Sinclair Broadcast Group and TEGNA, which have all placed first-round bids for the entire network package. Blackstone has also reportedly teamed with the New York Yankees in a bid to buy back YES Network.Fox was rumored to be interested in buying back the networks, but neither it nor NBC Sports, which already owns a significant number of regional sports networks, placed bids in the first round. According to CNBC, a second round of bids could take place before the end of the year.Earlier this year, Bloomberg reported that Amazon and YouTube were both inte...