A federal judge in U.S. Bankruptcy Court has approved a reorganization plan for Diamond Sports Group, the owner of the recently rebranded national FanDuel Sport

Diamond Sports Group, the largest regional-sports-network operator in the United States, received approval to emerge from bankruptcy Thursday on the 20-month anniversary of it filing for Chapter 11. Judge Christopher Lopez,

Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approved

Diamond Sports Group won court approval of a restructuring plan that hands control of the bankrupt sports broadcaster to lenders and blesses a multi-year agreement to stream games on Amazon.com Inc.’s Prime Video channels.

Twenty months after Diamond Sports Group filed for Chapter 11 bankruptcy protection, the owner and operator of the 16 FanDuel Sports Network RSNs on Thursday was granted a new lease on life in a Houston court room.

Diamond Sports Group, the bankrupt operator of regional sports networks, has announced a commercial agreement with the streaming giant Amazon that will allow in-market fans to watch their teams through Prime Video.