Amazon reportedly has reportedly bid on a package of 22 regional sports networks in its latest and boldest foray into live sports.
The RSNs were owned and operated by Fox prior to a $71 billion sale of assets to Disney last summer. In order to complete the sale, Disney reached an agreement with the Justice Department to sell the RSNs to avoid antitrust litigation. CNBC reported Tuesday that Amazon was one of six entities to place a first-round bid for the properties, joined by Apollo Global Management, KKR & Co, The Blackstone Group, Sinclair Broadcast Group, and TEGNA.