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New Deal


Announced

Completed

MSE and Comcast completed the acquisition of the remaining 67% stake in NBC Sports Washington from NBCUniversal.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned33%
Capital Bid For67%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Radio and TV Broadcasters

Private

television broadcasting

Domestic

Single Bidder

Friendly

United States

Completed

Synopsis

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Monumental Sports & Entertainment, an operator of a sports and entertainment company, and Comcast, a global media and technology company, completed the acquisition of the remaining 67% stake in NBC Sports Washington, a local television rightsholder, from NBCUniversal, an owner of entertainment television network. Financial terms were not disclosed. "We at Monumental Sports & Entertainment are incredibly excited to have reached an agreement to acquire NBC Sports Washington, an important business for our current and future core business operations. Comcast NBCUniversal has built a strong regional sports network in NBC Sports Washington. We look forward to further enhancing and innovating on the already best-in-class experience that our fanbase enjoys of watching live sports, for years to come," Zach Leonsis, MSE President of Media & New Enterprises.

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