Tag: Yes Network

The Walt Disney Company Sells Its Interest in the Yes Network to Investor Group Including Yankee Global Enterprises and Sinclair Broadcast Group

Aug 30, 2019

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by

Mr. Daps

in DAPs Magic News, Disney, Entertainment, PRESS RELEASE

BURBANK, Calif., August 29, 2019 – The Walt Disney Company (NYSE: DIS) (“Disney”) today announced that it has sold its equity interest in the YES Network (“YES”) to a newly formed investor group that includes Yankee Global Enterprises (the “Yankees”) and Sinclair Broadcast Group (Nasdaq: SBGI) (“Sinclair”), among others. The group acquired the 80 percent…