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Brian Steinberg Senior TV Editor NBCUniversal is getting out of the Washington sports business. Comcast, parent of NBCU, agreed to sell its 67% stake in NBC Sports Washington to Monumental Sports & Entertainment, which currently owns the remaining 33% of the entity. MSE acquired the stake in 2016. Financial terms of the current deal were not disclosed. NBC Sports Washington holds exclusive rights for Washington Wizards and Washington Capitals games, and is distributed throughout the District of Columbia, Maryland and Virginia, as well as parts of Pennsylvania, Delaware and West Virginia. The regional sports outlet launched as Home Team Sports in April of 1984.

Brian Steinberg-Senior state Pennsylvania state Maryland Washington city Washington state Virginia area District Of Columbia state West Virginia state Delaware Entertainment president sports

NBC Sports Washington Set For Monumental Overhaul, Rachel Nichols Show

Brian Steinberg Senior TV Editor Washington, D.C., needs to get set for a Monumental overhaul of its TV-sports traditions. In September, fans who once flocked to NBC Sports Washington will find they’ve landed at a new venue. Monumental Sports Network will soon serve as the area home of the NHL’s Washington Capitals, the NBA’s Washington Wizards, the WNBA’s Washington Mystics, the G League’s Capital City Go-Go and the NBA 2K League’s Wizards District Gaming. All the properties are held by Monumental Sports & Entertainment, a company led by former AOL executive Ted Leonsis. The company bought NBCUniversal’s 67% stake in the business last year, and will spend a chunk of 2023 putting its own stamp on operations.

Brian Steinberg-Senior Washington county San Diego state Utah area District Of Columbia city Washington, area District Of Columbia Entertainment show president testing sports Citi Enterprise

Zach Leonsis: Last News

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