Yankee Global Enterprises and Partners Acquire YES Network from The Walt Disney Company

August 29, 2019

Yankee Global Enterprises, together with strategic partners Sinclair Broadcast Group and Amazon and financial investors RedBird Capital, Blackstone Tactical Opportunities and Mubadala Capital, purchased the 80% of the YES Network not already held by Yankee Global from The Walt Disney Company at a reported enterprise value of $3.47 billion. The consortium aims to expand distribution, strengthen the network's sports content capabilities and leverage partner expertise to grow YES across traditional and digital platforms.

Buyers
Yankee Global Enterprises, Sinclair Broadcast Group, Amazon, RedBird Capital, Blackstone Tactical Opportunities, Mubadala Capital
Targets
YES Network
Sellers
The Walt Disney Company
Location
New York, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.