TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

News Corp. to Buy Cleveland Indians Sports Channel

It seems that News Corporation loves baseball. Or maybe the company buying Cleveland’s SportsTimeOhio — the network owned by the Cleveland Indians — only weeks after purchasing a stake in YES is more about business than pleasure.

Either way, News Corp. is expected to announce the acquisiton of SportsTimeOhio this week. According to Reuters, News Corp. will purchase the TV channel for about $230 million, and the deal would give News Corp. the rights to broadcast the Indians’ games.

Larry Dolan, the owner of the Indians, is rumored to want the deal done soon, so he can avoid potential tax increses being proposed by President Obama.

Mediabistro Course

Get a Literary Agent

Get a Literary AgentStarting August 6, learn how to find the right agent for your book and write a query that will get the deal done! Taught by Barbara Clark, a book agent and publishing consultant, you will learn the best methods for finding a literary agent, the proper protocol and etiquette for seeking literary representation, how to send queries and more. Register now!