NBC Sports Philadelphia is not being sold after Comcast announced a deal for NBC Sports Washington

Comcast is not interested in selling NBC Sports Philadelphia after the media giant agreed to sell its sister station NBC Sports Washington to Monumental Sports & Entertainment.

Comcast owns a 67% stake in NBC Sports Washington, while Monumental owns 33% of the network as of 2016. Terms of the deal, which is expected to close by the end of September, were not disclosed.

NBC Sports Washington is one of six regional sports networks owned by Comcast, which includes NBC Sports Philadelphia. But according to a network source not authorized to speak publicly, the Washington deal was a one-off and Comcast has no intention at the moment to unload its remaining five regional sports networks.

Comcast’s relationship with NBC Sports Philadelphia is a bit more complicated. The media giant owns 75% of NBC Sports Philadelphia; Phyllis owns the remainder. Comcast also owns the Flyers under Comcast Spectator, which also owns and manages the Wells Fargo Center, the Philadelphia Wings of the National Lacrosse League, and the Philadelphia Fusion of the Esports Overwatch League.

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NBC Sports Philadelphia has the local television rights to broadcast Philly, Sixers and Flyers games, but has been forced to make cuts due to the pandemic and the impact of cord-cutting.

In August 2020, NBC Sports Philadelphia laid off 17 employees—including Greg Murphy and Derrick Gunn—as it eliminated sideline reporters and focused almost exclusively on sports coverage. The network recently launched a new daily studio show called flock of birds, Hosted, and broadcast by former Eagles offensive lineman Barrett Brooks Sixers outsider The final two seasons, hosted by 97.5 Fatic hosts Tyrone Johnson and Crystal Rich.

At one point, Comcast was reportedly interested in making all of NBC Sports Philadelphia’s content — including live games — available to stream on Peacock. But the plan was shelved due to internal concerns over NBC’s broader streaming strategy, according to the Wall Street Journal. In February, NBCUniversal Local was forced to retract a statement that indicated the company would launch a streaming product for its regional sports networks.

For cord-cutters, the cheapest way to stream local games on NBC Sports Philadelphia is with a subscription to YouTube TV, which charges $64.99 per month. The network is also available on fuboTV and Hulu + Live TV, both of which charge $69.99 a month. Last year, Comcast raised the cost of its regional game fee on Xfinity to $12.70 a month, up from $3 in 2016.

Monumental Sports & Entertainment is primarily owned by managing partner Ted Leonsis and owns the NHL Washington Capitals, NBA Washington Wizards, WNBA Washington Mystics, and Capital One Arena. According to a source, the sale was an opportunity to sell to a rights-holder interested in full ownership. According to Sports Business Journal, Leonsis is expected to merge NBC Sports Washington with the company’s streaming service, Monumental Sports Network.

Leonsis is also said to be in the mix to buy the Washington Nationals, according to the Washington Post. Back in April, the Lerner family announced it was exploring the possibility of selling the franchise it has owned since 2006.

In addition to NBC Sports Philadelphia and NBC Sports Washington, Comcast has four other regional sports networks: NBC Sports Bay Area and NBC Sports California (both based in San Francisco), NBC Sports Boston, and NBC Sports Chicago. It also owns a portion of Sportsnet New York.

Before the 2017 rebranding, NBC Sports Philadelphia was known as Comcast SportsNet, which launched on October 1, 1997 in Philadelphia. The Phillies bought his 25% stake in 2014 as part of the team’s 25-year, $2.5 billion deal to broadcast games. 2041 through the network.

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