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(Bloomberg) -- Amazon.com Inc. is in talks with Diamond Sports Group and some of its creditors to invest in the bankrupt regional-sports broadcaster and partner on streaming, according to people familiar with the matter. Most Read from BloombergApple to Halt US Sales of Smartwatches After Patent LossApple Plans Rescue for $17 Billion Watch Business in Face of BanUS Frackers Return to Haunt OPEC’s Pricing StrategyGulf Splits Hinder US Efforts to End Houthi Ship AttacksDocuments Reveal Hidden Prob...

According to a report from the Wall Street Journal, Amazon (AMZN) is now in talks for a potential deal with regional sports network Diamond Sports. The network filed for Chapter 11 bankruptcy protection back in March of this year. If a deal is made, Amazon Prime Video will become the official streaming home for Diamond's games. Yahoo Finance Reporter Alexandra Canal breaks down the latest development and what this could mean for both companies going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

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Amazon is reportedly in talks to invest in bankrupt regional sports network operator Diamond Sports Group...

Amazon is in talks to invest in regional-sports programmer Diamond Sports, a move that would advance the e-commerce giant's aggressive push into sports content, the Wall Street Journal reported on Monday, citing people familiar with the matter. Diamond Sports Group, which carries the games of more than 40 major sports teams across the United States and filed for bankruptcy earlier this year, is actively negotiating with Amazon about a strategic investment and a multi-year streaming partnership, according to the report. If an agreement is reached, Amazon's Prime Video platform would eventually become the streaming home for Diamond's games, the Wall Street Journal reported...

Diamond Sports Group, which carries the games of more than 40 major sports teams across the United States and filed for bankruptcy earlier this year, is actively negotiating with Amazon about a strategic investment and a multi-year streaming partnership, according to the report. If an agreement is reached, Amazon's Prime Video platform would eventually become the streaming home for Diamond's games, the Wall Street Journal reported. Diamond, which has the local rights to about half the teams in Major League Baseball and the National Basketball Association and about a third of the National Hockey League teams, would continue operating its cable networks through its existing partnerships, according to the report...

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