Parent of Bally Sports makes on-time scheduled payment to Rangers for broadcast rights

There will be no short-term changes to the Rangers broadcast situation.

As expected, Bally Sports Southwest parent Diamond Sports Holding made the payment to the Rangers on Thursday that was due to be made on June 15, according to two people familiar with the matter. This means Bally/Diamond remain in good standing in their contract with Rangers and will continue to have local broadcast rights.

The game will continue to air on Bally Sports Southwest and will be available through Diamond’s contracted cable provider.

It doesn’t address the larger issue facing the industry with direct-to-consumer streaming rights. Diamond doesn’t own direct-to-consumer streaming rights and can only stream its games at providers it contracts with.

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Last month, Diamond failed to pay the San Diego Padres as planned and waived his right to play in Padres games. MLB took over production of the Padres games and offered a direct-to-consumer streaming option.

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