Creditors have until May 22 to vote on Diamond’s reorganization plan, and its next hearing is set for June 18.
As of Wednesday, Regional sports network owner Diamond Sports Group (Dsg) is a few steps closer to pulling itself out of bankruptcy. The owner of Bally Sports RSNs was in court for its latest hearing on April 17, where it received approval for its disclosure statement from Judge Christopher Lopez. That means that it can now solicit approval for its reorganization plan, which if assented to by its creditors will allow it to leave the shelter of Chapter 11 protections and emerge as a going concern.
Diamond also won approval for its request to extend its solicitation period until November. Its creditors have until May 22 to accept or reject the company’s reorg plan. The broadcaster may have trouble reaching a long-term deal with the NBA. 7-Day Free Trial $19.99+ / month ballysports.com
Diamond...
As of Wednesday, Regional sports network owner Diamond Sports Group (Dsg) is a few steps closer to pulling itself out of bankruptcy. The owner of Bally Sports RSNs was in court for its latest hearing on April 17, where it received approval for its disclosure statement from Judge Christopher Lopez. That means that it can now solicit approval for its reorganization plan, which if assented to by its creditors will allow it to leave the shelter of Chapter 11 protections and emerge as a going concern.
Diamond also won approval for its request to extend its solicitation period until November. Its creditors have until May 22 to accept or reject the company’s reorg plan. The broadcaster may have trouble reaching a long-term deal with the NBA. 7-Day Free Trial $19.99+ / month ballysports.com
Diamond...
- 4/18/2024
- by David Satin
- The Streamable
Diamond first filed the request in late March, and now the sports leagues it partners with are responding.
A new turn in the Diamond Sports Group bankruptcy case has the NBA and NHL a bit miffed at the broadcaster. Those two leagues have a combined 26 teams that broadcast their games on Bally Sports-branded regional sports networks (RSNs), and Diamond — the channels’ parent company — has been operating under Chapter 11 protections for over a year as it tries to settle its long-term future. In late March, Diamond filed for an extension that would push the deadline for soliciting approval of its reorganization plan from its creditors, including its league partners, all the way to November. While there was no immediate public response from the leagues, according to Sportico, the NBA and NHL have now responded to the extension request with statements that are far from unconditional pledges of support.
The NBA...
A new turn in the Diamond Sports Group bankruptcy case has the NBA and NHL a bit miffed at the broadcaster. Those two leagues have a combined 26 teams that broadcast their games on Bally Sports-branded regional sports networks (RSNs), and Diamond — the channels’ parent company — has been operating under Chapter 11 protections for over a year as it tries to settle its long-term future. In late March, Diamond filed for an extension that would push the deadline for soliciting approval of its reorganization plan from its creditors, including its league partners, all the way to November. While there was no immediate public response from the leagues, according to Sportico, the NBA and NHL have now responded to the extension request with statements that are far from unconditional pledges of support.
The NBA...
- 4/15/2024
- by David Satin
- The Streamable
Diamond may emerge from bankruptcy court proceedings in less than two weeks if the presiding judge signs off on its reorg plan.
Things have been relatively quiet on the Diamond Sports Group (Dsg) front in recent weeks. The company submitted its bankruptcy reorganization plan to Judge Christopher Lopez in March, but while it waits to hear whether or not the plan is approved, Diamond isn’t sitting back on its heels. In another sign that the company expects to emerge from bankruptcy proceedings soon, Diamond has agreed to a multi-year deal with Charter Communications that will see Bally Sports channels continue to be offered via Spectrum TV.
Charter’s deal with Diamond expired at the end of February, but the two sides agreed to keep channels available while they negotiated. Diamond will have to seek new deals with Comcast and Directv next. Dsg’s next bankruptcy hearing is April 17, when...
Things have been relatively quiet on the Diamond Sports Group (Dsg) front in recent weeks. The company submitted its bankruptcy reorganization plan to Judge Christopher Lopez in March, but while it waits to hear whether or not the plan is approved, Diamond isn’t sitting back on its heels. In another sign that the company expects to emerge from bankruptcy proceedings soon, Diamond has agreed to a multi-year deal with Charter Communications that will see Bally Sports channels continue to be offered via Spectrum TV.
Charter’s deal with Diamond expired at the end of February, but the two sides agreed to keep channels available while they negotiated. Diamond will have to seek new deals with Comcast and Directv next. Dsg’s next bankruptcy hearing is April 17, when...
- 4/4/2024
- by David Satin
- The Streamable
Major League Baseball appeared poised to reclaim all of the local rights held by Diamond Sports Group, but now the future is decidedly more clouded.
Baseball fans from coast to coast are gearing up for the start of the 2024 MLB season. Opening Day is set for Thursday, March 28, and this year will see an even dozen teams play most of their games on a Bally Sports-branded regional sports network (Rsn). Bally Sports’ parent company Diamond Sports Group (Dsg) is still in bankruptcy proceedings, but in March it filed a reorganization plan that will potentially see it exit bankruptcy and emerge as a going concern. MLB’s eagerness to reclaim all of its rights from Diamond and change its relationship with RSNs has been clear for months, but where do things stand between the two organizations ahead of the 2024 season?
In 2024, 12 MLB teams will see their games broadcast in local markets on Bally Sports channels.
Baseball fans from coast to coast are gearing up for the start of the 2024 MLB season. Opening Day is set for Thursday, March 28, and this year will see an even dozen teams play most of their games on a Bally Sports-branded regional sports network (Rsn). Bally Sports’ parent company Diamond Sports Group (Dsg) is still in bankruptcy proceedings, but in March it filed a reorganization plan that will potentially see it exit bankruptcy and emerge as a going concern. MLB’s eagerness to reclaim all of its rights from Diamond and change its relationship with RSNs has been clear for months, but where do things stand between the two organizations ahead of the 2024 season?
In 2024, 12 MLB teams will see their games broadcast in local markets on Bally Sports channels.
- 3/27/2024
- by David Satin
- The Streamable
In one fell swoop, Amazon could find itself offering MLB, NBA and NHL games alongside weekly ‘Thursday Night Football’ contests.
Diamond Sports Group (Dsg) may be snatching victory from the jaws of defeat. Nine months into bankruptcy proceedings, all signs recently have pointed to the company shutting down its Bally Sports regional sports networks (RSNs) by 2024, but a new report indicates that the beleaguered channel-owner may have a deep-pocketed investor sniffing around in Amazon.
The Wall Street Journal reports that Amazon is in talks to invest in Diamond Sports Group. No deal is complete yet, and any deal is subject to the approval of the presiding bankruptcy court judge. A deal could convince MLB, the NBA, and NHL to re-partner with Diamond for the long haul. Get 30 Days Free $5.99+ / month paramountplus.com
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What Are the Terms of Amazon’s Potential Deal with Diamond?...
Diamond Sports Group (Dsg) may be snatching victory from the jaws of defeat. Nine months into bankruptcy proceedings, all signs recently have pointed to the company shutting down its Bally Sports regional sports networks (RSNs) by 2024, but a new report indicates that the beleaguered channel-owner may have a deep-pocketed investor sniffing around in Amazon.
The Wall Street Journal reports that Amazon is in talks to invest in Diamond Sports Group. No deal is complete yet, and any deal is subject to the approval of the presiding bankruptcy court judge. A deal could convince MLB, the NBA, and NHL to re-partner with Diamond for the long haul. Get 30 Days Free $5.99+ / month paramountplus.com
For a Limited Time, Get 1 Month of Paramount+ With Code: Wantmore
What Are the Terms of Amazon’s Potential Deal with Diamond?...
- 12/19/2023
- by David Satin
- The Streamable
Lawyers from Diamond Sports Group and Sinclair Broadcasting both pointed to the possibility of Dsg shutting down after the 2024 MLB season.
Diamond Sports Group (Dsg) was back in court on Wednesday for yet another hearing in its bankruptcy proceedings. The company filed for Chapter 11 protections in March, and since then has been attempting to plot out a path to satisfying its debts and emerge as a viable business with its 19 regional sports networks (RSNs) and in-market streaming service Bally Sports+.
At a Nov. 15 hearing, Diamond got approval from Judge Christopher Lopez on an altered broadcasting deal for the NBA this season, though Sinclair and MLB object. Lawyers for both Diamond and Sinclair say the former company could liquidate after the next baseball season. Diamond could agree to a similar deal with the NHL as soon as this week, but MLB will be tougher to convince. 7-Day Free Trial $19.99+ / month ballysports.
Diamond Sports Group (Dsg) was back in court on Wednesday for yet another hearing in its bankruptcy proceedings. The company filed for Chapter 11 protections in March, and since then has been attempting to plot out a path to satisfying its debts and emerge as a viable business with its 19 regional sports networks (RSNs) and in-market streaming service Bally Sports+.
At a Nov. 15 hearing, Diamond got approval from Judge Christopher Lopez on an altered broadcasting deal for the NBA this season, though Sinclair and MLB object. Lawyers for both Diamond and Sinclair say the former company could liquidate after the next baseball season. Diamond could agree to a similar deal with the NHL as soon as this week, but MLB will be tougher to convince. 7-Day Free Trial $19.99+ / month ballysports.
- 11/16/2023
- by David Satin
- The Streamable
Unprofitable clubs could be jettisoned by Diamond before the end of this year, but it wants the chance to give MLB broadcasting one last try.
Diamond Sports Group (Dsg) is well aware that Major League Baseball is out of patience with regional sports network (Rsn) broadcaster. The two sides have been at loggerheads all summer long, as Diamond’s bankruptcy case slowly moves its way through court hearing after hearing.
A new filing from Diamond asks the judge in its bankruptcy case to overrule MLB’s objection to Dsg’s request for more time. Diamond says in the filing it has proposed an agreement whereby profitable MLB games will stay on Bally Sports channels through 2024. The NBA recently agreed on a modified broadcasting agreement with Diamond through the end of the 2023-24 season, and the NHL is expected to do likewise. 7-Day Free Trial $19.99+ / month ballysports.com Why Are Diamond and MLB Back in Court?...
Diamond Sports Group (Dsg) is well aware that Major League Baseball is out of patience with regional sports network (Rsn) broadcaster. The two sides have been at loggerheads all summer long, as Diamond’s bankruptcy case slowly moves its way through court hearing after hearing.
A new filing from Diamond asks the judge in its bankruptcy case to overrule MLB’s objection to Dsg’s request for more time. Diamond says in the filing it has proposed an agreement whereby profitable MLB games will stay on Bally Sports channels through 2024. The NBA recently agreed on a modified broadcasting agreement with Diamond through the end of the 2023-24 season, and the NHL is expected to do likewise. 7-Day Free Trial $19.99+ / month ballysports.com Why Are Diamond and MLB Back in Court?...
- 11/9/2023
- by David Satin
- The Streamable
Bally Sports regional sports networks will keep their NBA teams through the end of this season, at which time those rights will revert back to the league.
The NBA is staying on Bally Sports regional sports networks for the rest of the 2023-24 season. That’s according to reporting from Sports Business Journal's John Ourand which states the the reached a deal with Diamond Sports Group (Dsg) whose details were partially unveiled in a bankruptcy court meeting on Monday.
The new deal will keep NBA teams partnered with their respective Bally Sports regional sports network and streaming on Bally Sports+ for the rest of the NBA regular season. After the 2023-24 season, those rights will revert back to the NBA. Under the previous agreement, the rights did not revert until the end of the 2024-25 season. The NHL may agree to a similar deal in the coming weeks. The NBA...
The NBA is staying on Bally Sports regional sports networks for the rest of the 2023-24 season. That’s according to reporting from Sports Business Journal's John Ourand which states the the reached a deal with Diamond Sports Group (Dsg) whose details were partially unveiled in a bankruptcy court meeting on Monday.
The new deal will keep NBA teams partnered with their respective Bally Sports regional sports network and streaming on Bally Sports+ for the rest of the NBA regular season. After the 2023-24 season, those rights will revert back to the NBA. Under the previous agreement, the rights did not revert until the end of the 2024-25 season. The NHL may agree to a similar deal in the coming weeks. The NBA...
- 11/6/2023
- by David Satin
- The Streamable
Conservative commentator and conspiracy theorist Alex Jones won’t be able to use personal bankruptcy to protect him from paying more than $1 billion in damages to families affected by the Sandy Hook Elementary School massacre in 2012.
In December, Jones filed for bankruptcy after being ordered to pay compensatory and punitive damages for repeatedly defaming more than 20 Connecticut families.
He accused them of lying about their children’s deaths and staging the tragedy as part of a government plan to increase gun control.
U.S. Bankruptcy Court Judge Christopher Lopez rejected Jones’ attempt to dodge his sentence, citing the commentator’s “malicious and willful” intentions.
“In Jones’ case, the language of the jury instruction confirms that the damages awarded flow from the allegation of intent to harm the plaintiffs — not allegations of recklessness,” Lopez wrote in his ruling.
Chris Mattei, an attorney at the firm representing the Sandy Hook families, celebrated the outcome in a statement.
In December, Jones filed for bankruptcy after being ordered to pay compensatory and punitive damages for repeatedly defaming more than 20 Connecticut families.
He accused them of lying about their children’s deaths and staging the tragedy as part of a government plan to increase gun control.
U.S. Bankruptcy Court Judge Christopher Lopez rejected Jones’ attempt to dodge his sentence, citing the commentator’s “malicious and willful” intentions.
“In Jones’ case, the language of the jury instruction confirms that the damages awarded flow from the allegation of intent to harm the plaintiffs — not allegations of recklessness,” Lopez wrote in his ruling.
Chris Mattei, an attorney at the firm representing the Sandy Hook families, celebrated the outcome in a statement.
- 10/22/2023
- by Ava Lombardi
- Uinterview
The company has also requested another 60-day extension for turning in its bankruptcy reorganization plan.
A critical week has come and gone for Diamond Sports Group (Dsg), and the company is still afloat. But new reporting from the Wall Street Journal indicates that the country’s largest provider of regional sports networks (RSNs) isn’t really any closer to securing its long-term survival.
The Journal reports that Diamond is now seeking deals with live TV streaming services Hulu + Live TV and YouTube TV. Those two services each bring with them millions of potential new customers, though it remains to be seen if Disney or Google think the channels would attract enough viewers to justify the price increase for users that would likely be required to facilitate their onboarding.
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Diamond has...
A critical week has come and gone for Diamond Sports Group (Dsg), and the company is still afloat. But new reporting from the Wall Street Journal indicates that the country’s largest provider of regional sports networks (RSNs) isn’t really any closer to securing its long-term survival.
The Journal reports that Diamond is now seeking deals with live TV streaming services Hulu + Live TV and YouTube TV. Those two services each bring with them millions of potential new customers, though it remains to be seen if Disney or Google think the channels would attract enough viewers to justify the price increase for users that would likely be required to facilitate their onboarding.
Sign Up $69.99 / month hulu.com
Get $20 Off your first three months of Hulu + Live TV plus the Disney Bundle Free
Diamond has...
- 10/2/2023
- by David Satin
- The Streamable
Diamond Sports Group (Dsg) has netted a big goal before the start of the NHL season, but it remains to be seen if the score will be a one-timer or lead to a hat trick. Yahoo Sports reports that Dsg has signed a new deal with the Los Angeles Kings that will keep the team’s games on Bally Sports West for multiple years to come.
The deal includes provisions for linear broadcasts and streams, so fans will be able to watch the Kings on Bally Sports+ in the Los Angeles area if they don’t have a cable subscription. It’s a big item for Dsg to cross off its list, as one source with knowledge of the company’s inner workings told Yahoo that it doesn’t have any other rights renewal deals coming with NHL teams before the end of those leagues’ seasons.
7-Day Free Trial $19.99 / month ballysports.
The deal includes provisions for linear broadcasts and streams, so fans will be able to watch the Kings on Bally Sports+ in the Los Angeles area if they don’t have a cable subscription. It’s a big item for Dsg to cross off its list, as one source with knowledge of the company’s inner workings told Yahoo that it doesn’t have any other rights renewal deals coming with NHL teams before the end of those leagues’ seasons.
7-Day Free Trial $19.99 / month ballysports.
- 9/18/2023
- by David Satin
- The Streamable
It has been a difficult year for Diamond Sports Group (Dsg), not only did the broadcaster officially file for bankruptcy protection in March, but since then, it has forfeited the rights to broadcast San Diego Padres and Arizona Diamondbacks games and is increasingly raising the ire of Major League Baseball commissioner Rob Manfred who would like to see his league take over all of the rights held by the embattled regional sports network (Rsn) provider.
While Dsg has been going through the process of trying to establish a new sustainable — and eventually profitable —business model, it has filed multiple motions and petitions in court, but it’s the latest filing that might be the most surprising.
NextTV is reporting that on Wednesday, paperwork was filed in the Houston bankruptcy court overseeing the proceedings that indicate that Dsg is suing its parent company Sinclair Broadcast Group (Sbg) and multiple members of its executive team.
While Dsg has been going through the process of trying to establish a new sustainable — and eventually profitable —business model, it has filed multiple motions and petitions in court, but it’s the latest filing that might be the most surprising.
NextTV is reporting that on Wednesday, paperwork was filed in the Houston bankruptcy court overseeing the proceedings that indicate that Dsg is suing its parent company Sinclair Broadcast Group (Sbg) and multiple members of its executive team.
- 7/21/2023
- by Matt Tamanini
- The Streamable
It’s officially official! The Arizona Diamondbacks have become the latest team to depart from the Bally Sports family of regional sports networks (RSNs). Judge Christopher Lopez approved Bally Sports’ parent company Diamond Sports Group’s motion in U.S. bankruptcy court on Tuesday to surrender the Diamondback’s broadcasting rights.
Major League Baseball will now distribute the team’s games on local cable channels. The changeover will begin immediately; fans will be able to find games on these channels starting with the club’s Tuesday, July 18 game against the Atlanta Braves, which starts at 7:20 p.m. Et.
Check out the full list of new Arizona Diamondbacks broadcasters available below.
Platform Channels Cox Yurview Channels: Phoenix – Channel 4 / Tucson – Channel 7 Directv Channel 686 - 3 Fubo Available Spectrum/Charter Channel 304 Xfinity/Comcast Channel 1261 Mediacom Channels 159 & 764 Orbitel Channels 225 & 925 Optimum/Suddenlink Channel 41 – Bullhead City, Flagstaff, Lake Havasu City, Parker Channel 46 & 246 – Payson, Sedona, Strawberry...
Major League Baseball will now distribute the team’s games on local cable channels. The changeover will begin immediately; fans will be able to find games on these channels starting with the club’s Tuesday, July 18 game against the Atlanta Braves, which starts at 7:20 p.m. Et.
Check out the full list of new Arizona Diamondbacks broadcasters available below.
Platform Channels Cox Yurview Channels: Phoenix – Channel 4 / Tucson – Channel 7 Directv Channel 686 - 3 Fubo Available Spectrum/Charter Channel 304 Xfinity/Comcast Channel 1261 Mediacom Channels 159 & 764 Orbitel Channels 225 & 925 Optimum/Suddenlink Channel 41 – Bullhead City, Flagstaff, Lake Havasu City, Parker Channel 46 & 246 – Payson, Sedona, Strawberry...
- 7/18/2023
- by David Satin
- The Streamable
The Arizona Diamondbacks are departing from Bally Sports Arizona. John Ourand of the Sports Business Journal reports that while a U.S. bankruptcy court hearing to officially settle the matter of the Diamondbacks’ rights was pushed from Monday, July 17 to Tuesday, July 18, the team was not able to reach a new agreement with Bally Sports’ parent company Diamond Sports Group (Dsg). When the hearing does take place, it is expected that Dsg will file to reject the team’s contract.
MLB will then take over broadcasts of the team’s games, as it did in May for the San Diego Padres. The league filed a statement with bankruptcy court Judge Christopher Lopez last week declaring that it was ready to do so, having made arrangements with local cable providers to ensure no interruptions in Diamondbacks broadcasts. It’s also likely that MLB will make Diamondbacks games available to stream locally...
MLB will then take over broadcasts of the team’s games, as it did in May for the San Diego Padres. The league filed a statement with bankruptcy court Judge Christopher Lopez last week declaring that it was ready to do so, having made arrangements with local cable providers to ensure no interruptions in Diamondbacks broadcasts. It’s also likely that MLB will make Diamondbacks games available to stream locally...
- 7/18/2023
- by David Satin
- The Streamable
Another team is departing from the Bally Sports ecosystem of regional sports networks. Court filings reveal that Diamond Sports Group (Dsg) is has requested the judge in the case allow it to reject its contract with the Arizona Diamondbacks as of June 30.
The Diamondbacks contract is “significantly unprofitable and is projected to be increasingly unprofitable in subsequent years,” DSGs representatives write in the court filing. This would be the second MLB team to depart Bally Sports channels, after the San Diego Padres saw their broadcasting rights rejected by Diamond at the end of May. The company claims that Bally Sports Arizona, which broadcasts Diamondbacks games, lost $3 million last month alone.
“As a result of this ongoing analysis and other developments, the Debtors have determined, in their business judgment, that the Diamondbacks Agreement is unnecessary and burdensome to the Debtors’ estates and should be rejected,” Diamond’s motion reads.
A hearing...
The Diamondbacks contract is “significantly unprofitable and is projected to be increasingly unprofitable in subsequent years,” DSGs representatives write in the court filing. This would be the second MLB team to depart Bally Sports channels, after the San Diego Padres saw their broadcasting rights rejected by Diamond at the end of May. The company claims that Bally Sports Arizona, which broadcasts Diamondbacks games, lost $3 million last month alone.
“As a result of this ongoing analysis and other developments, the Debtors have determined, in their business judgment, that the Diamondbacks Agreement is unnecessary and burdensome to the Debtors’ estates and should be rejected,” Diamond’s motion reads.
A hearing...
- 6/22/2023
- by David Satin
- The Streamable
The Phoenix Suns’ attempt to leave cable behind has been blocked so hard, some fans might be wondering if Dikembe Mutombo was judging the case.
In late April, the NBA’s Suns and the WNBA’s Phoenix Mercury announced that they had struck a deal with Gray Television, who henceforward would distribute the teams’ games on local broadcast television stations. As part of the deal, the streaming startup Kiswe would provide a direct-to-consumer (Dtc) streaming option that would not require a pay-tv subscription to access.
Suns and Mercury games are currently broadcast by Bally Sports Arizona during the regular season. The regional sports network’s parent company Diamond Sports Group (Dsg) is currently in bankruptcy court, attempting to restructure a debt load of more than $8 billion. Dsg objected to the deal between Gray and the two teams, saying it violated bankruptcy code and constituted a breach of contract.
Judge Christopher Lopez,...
In late April, the NBA’s Suns and the WNBA’s Phoenix Mercury announced that they had struck a deal with Gray Television, who henceforward would distribute the teams’ games on local broadcast television stations. As part of the deal, the streaming startup Kiswe would provide a direct-to-consumer (Dtc) streaming option that would not require a pay-tv subscription to access.
Suns and Mercury games are currently broadcast by Bally Sports Arizona during the regular season. The regional sports network’s parent company Diamond Sports Group (Dsg) is currently in bankruptcy court, attempting to restructure a debt load of more than $8 billion. Dsg objected to the deal between Gray and the two teams, saying it violated bankruptcy code and constituted a breach of contract.
Judge Christopher Lopez,...
- 5/11/2023
- by David Satin
- The Streamable
It appears that Major League Baseball will have to wait a little longer to reclaim the broadcast rights currently owned by Diamond Sports Group (Dsg) and its subsidiary Bally Sports. That assessment comes on the heels of a ruling issued by bankruptcy court judge Christopher Lopez on Thursday night, as reported by Sportico.
7-Day Free Trial $19.99 / month ballysports.com
The ruling states that Dsg must pay 50% of the broadcast rights obligations it owes to the Arizona Diamondbacks, Cleveland Guardians, Texas Rangers, and Minnesota Twins. That’s a big blow to the hopes of MLB executives, who were hoping they could successfully argue that the missed payment allowed them to begin the process of officially reclaiming the rights to those clubs.
During a hearing on Wednesday, Judge Lopez encouraged the two sides to come up with a number on their own that MLB might find acceptable.
“There is a number that works,...
7-Day Free Trial $19.99 / month ballysports.com
The ruling states that Dsg must pay 50% of the broadcast rights obligations it owes to the Arizona Diamondbacks, Cleveland Guardians, Texas Rangers, and Minnesota Twins. That’s a big blow to the hopes of MLB executives, who were hoping they could successfully argue that the missed payment allowed them to begin the process of officially reclaiming the rights to those clubs.
During a hearing on Wednesday, Judge Lopez encouraged the two sides to come up with a number on their own that MLB might find acceptable.
“There is a number that works,...
- 4/21/2023
- by David Satin
- The Streamable
Alex Jones asked a judge to allow him to take a 1.3 million paycheck from the bankrupt parent company of his Infowars site. This comes shortly after he was ordered to pay over 1.5 billion in damages to the families of the Sandy Hook shooting victims.
Before its bankruptcy, Free Speech Systems was paying Jones a 1.3 million salary. Since the company filed for bankruptcy in July, Jones has been receiving a biweekly pay of 20,000.
On Monday he asked a judge to restore his salary to the previous amount, as he’s unable to pay what he owes the families involved in the defamation suit. Judge Christopher Lopez said he didn’t have enough evidence to make a decisive ruling.
Lopez did, however, lift a stay that halted the families’ cases when Jones filed for personal bankruptcy earlier this month. The ruling allows the families to collect the damages despite Jones’ claims that...
Before its bankruptcy, Free Speech Systems was paying Jones a 1.3 million salary. Since the company filed for bankruptcy in July, Jones has been receiving a biweekly pay of 20,000.
On Monday he asked a judge to restore his salary to the previous amount, as he’s unable to pay what he owes the families involved in the defamation suit. Judge Christopher Lopez said he didn’t have enough evidence to make a decisive ruling.
Lopez did, however, lift a stay that halted the families’ cases when Jones filed for personal bankruptcy earlier this month. The ruling allows the families to collect the damages despite Jones’ claims that...
- 12/20/2022
- by Miranda Dipaolo
- Uinterview
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