A bet on live sports: Sinclair CEO Chris Ripley talks acquiring 21 regional sports networks

www.chicagotribune.com -

www.chicagotribune.com—Sinclair Broadcast Group expanded its media holdings in two dramatic ways when it announced Friday that it was buying 21 regional sports networks from Disney for $10.6 billion: sports and cable TV. The Baltimore-based company is already the largest operator of local TV stations in the country with

A bet on live sports: Why Sinclair is scooping up regional sports networks. “I fundamentally believe that sports rights will be valuable for the foreseeable future and will continue to increase in value,” Ripley said of the $10.6 billion deal.