News Corp. said Tuesday it was acquiring a 49 percent stake in the YES Network, the New York Yankees' regional cable sports channel.
News Corporation said Tuesday it was acquiring a 49 percent stake in the Yes Network, the New York Yankees' regional cable sports channel.
News Corp. is acquiring a 49 percent stake in the YES Network, a deal that gives the New York Yankees' owners hundreds of millions of dollars and values the channel at $3 billion.
