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Cablevision Probably Opening Checkbook as We Speak

michael-kay.gifI'll look into this further and surely write a newspaper article about it, but you can read for yourself here right now a fascinating piece in Fortune about the YES Network being for sale.

There has been talk since I've been on the beat of Goldman Sachs possibly wanting to cash out. Maybe it's getting closer now. YES long has been estimated to be twice what the Yankees themselves are worth.

Interesting. Very interesting. If this happens media behemoths such as Cablevision, Comcast and News Corp. figure to be lined up around the block with offers.

Posted by Neil Best on August 2, 2007 12:41 PM | | Comments (13)

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