The Yankees fan made it to the Yankees fan.
The Yankees Entertainment and Sports Network, The YESNESS ENTERPRISES, is more or less known as the YES Network YankeeNet between Yankees and New Jersey Nets, as attempted to get out of a monopoly-like contract with cablevision and gain team control over their broadcasting rights. Although the Yankees lent their name to the channel, the Yankees and Nets both served as lead investors in the enterprise, which included Goldman Sachs, the Quadrangle Group, and multiple private investors. Yankee Nets was renamed to Yankee Global Enterprises who, technically speaking, own the Yankees baseball team today.
Network, owned only a minority share of the network. In 2007, Goldman Sachs made a 49% share on the Network. Two years later, 21
As a result of this series of transactions, the YES Network has been published as part of Fox Sports for the past few years, in which case it has become a godsend for those living or spending a significant amount of time in a place without cable.
On December 14, 2017, The Walt Disney Company has announced plans to purchase 21st Century Fox, a move that has been made by Marvel aficionados and condoned by those who support anti- trust laws (sometimes by the same person simultaneously). Due to Disney's ownership of ESPN, though, they were both responsible for the Fox Sports Network and all associated regional sports networks, including the YES Network. Yankee Global Enterprises put together a group of investors and purchased YES, giving the Yankees control over their own network for the first time ever.
"This transaction brings @YESNetwork."
The New York Post in November 2018, the deal was formally announced this past Thursday, with the Yankees releasing the following statement "All of its popular programming is closer to the beginning of the year." – Hal Steinbrenner pic .twitter.com / paatx4m9bx
– New York Yankees (@Yankees) August 29, 2019
Now, this brings us to the big question: what does this mean for fans?
For the immediate According to Andrew Marchand, New York Post 's columnist on sports journalism . The Yankees wants to continue on Fox Sports Go for the rest of the season. After that, however, nobody knows for sure.
The Yankees are joined in the purchase by the Sinclair Broadcast Group and by Amazon, forming a new strategic partnership. Thursday, October 27, 2011 The New York Times, which has just finished its purchase of the Fox Sports Network (which includes Fox Sports Go, though both are likely to be rebranded, along with the other 21 Fox Sports had owned and are partnering with the Chicago Cubs to launch the Marquee Sports Network in Chicago.
While nothing will likely change for those who watch the Yankees via their cable package, the strategic plan for virtual distribution remains unclear. Had the Yankees partnered with either Sinclair or Amazon; With the former, they would have continued to work with Fox Sports, while they were at the forefront of Amazon's growing sports streaming enterprise.
It's not working. "It does not work." Sinclair wants to help "manage traditional and virtual distribution relationships."
YES unique. Unlike most regional sports networks, the YES Network has a national reach, with all non-gaming programming available in a number of markets nationwide. Although the Yankees, Nets, Manchester City, the NYCFC, and the New York Liberty. Because of this, the network already has a strong foundation both in terms of reach and programming that can be used in a variety of other media, as well as online streaming service with original programming akin to ESPN + or app for mobile devices.
This is a YES of the new network. Let's just hope that, whatever happens, the Yankees wants to continue to be easily (and affordably) accessible via stream to those without a cable subscription.