STO — the Indians’ sports network — was acquired by FOX Sports Media Group today:
In addition, FOX Sports Media Group announced that it has secured the exclusive long-term local telecast rights for Indians baseball, ensuring that the Indians will once again be part of the FOX Sports portfolio of regionally televised hometown teams. Prior to the 2006 season, Indians games were locally televised by FOX Sports Ohio.
That’s from the press release. Other reports say that, in addition, the Indians will start to receive about $10 million more a year for broadcast rights. Which is nice.