NHL, MLB Digital Media Arm Ink $1.2B Streaming Rights Deal
By Zachary Zagger (August 4, 2015, 8:17 PM EDT) -- The National Hockey League and Major League Baseball's digital media arm have reached a $1.2 billion media rights deal giving MLB Advanced Media LP rights to distribute streaming NHL games and control of the NHL Network in a blockbuster move for the burgeoning distribution platform.
NHL Commissioner Gary Bettman and MLB Commissioner Rob Manfred officially announced the deal Tuesday after rumors of an imminent deal earlier in the week. The deal is valued at approximately $1.2 billion for the NHL over the six-year partnership and brings an equity stake in MLB Advanced Media, an NHL spokesman confirmed Tuesday.
The cross-league deal...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!