Around the Net
News Corp. Buys Ohio Sports Network
- Reuters, Wednesday, January 2, 2013 3:53 PM
News Corp. bought Cleveland-based regional sports TV network Sports Team Ohio, which broadcasts Cleveland Indians games, for an undisclosed sum that could be close to $230 million, according to a source cited by Reuters. "News Corp has been stepping up efforts to control the rights to key sports teams in response to Time Warner Cable Inc's $3 billion deal in February 2011 to carry the Los Angeles Lakers basketball games on its Time Warner SportsNet Channel."
