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Deltatre nearing deal to provide tech to Sinclair for sports, report says

Streaming video solutions company Deltatre is nearing a deal to provide support to Sinclair Broadcasting Group for 21 regional sports networks acquired from the Walt Disney Company last year, according to a report.

Financial news outlet Bloomberg reported on Friday the company would provide technology platforms and support for live sports broadcasts on the regional networks.

Deltatre already provides streaming video technology to other sports groups, including the National Football League, Major League Baseball, the UEFA League and Discovery Networks’ Eurosports.

The company is based in Italy but has supporting offices around the globe, including one in Los Angeles.

Last year, Sinclair paid $9.6 billion to Disney for the 21 Fox-branded sports networks. Disney was forced to sell the networks after acquiring other properties, including movies, TV shows and cable channels, from Fox.

Collectively, the 21 regional sports networks have local broadcast rights to more than 40 professional teams across a handful of leagues, including rights to hockey, basketball and baseball games.

Bloomberg said two other regional sports networks that Sinclair has a financial interest in — the YES Network and an upcoming channel called Marquee Sports Network — aren’t part of the potential deal with Deltatre.