Aim of Fox RSN Divestitures Is 'Economically Viable' ESPN Competition, DOJ Says
Disney and Fox will ensure that the 22 Fox regional sports networks to be divested as part of Disney's Fox takeover (see 1806270016) will remain an "ongoing, economically viable, competitive cable sports programming network" and stay "independent and uninfluenced by…
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the consummation of the Transaction," DOJ said in a docket 18-cv-05800-CM competitive impact statement filed Tuesday with the U.S. District Court in Manhattan. It said the divestiture laid out in the proposed final judgment would lead to "independent and economically viable" sports programming competitor in those 22 markets to Disney's networks, including ESPN. It said the RSNs have to be sold in such a way they can and will operate as sustainable businesses competing in the relevant markets. It said comments on the final judgment will be due within 60 day of the publication of the competitive impact statement in the Federal Register.