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Amazon Prime Video logo is seen on an android mobile phone. Photo: Omar Marques/SOPA Images/LightRocket via Getty Images.

Amazon has tossed a bid into the ring for Disney's 22 regional sports networks, CNBC reports.

Why it matters: It speaks to Amazon's eagerness to win live sports rights as it continues to build its streaming TV business. The company paid $50 million to get exclusive digital rights to the NFL's Thursday Night Football.

Regulators required Disney to sell the sports networks, which combined are worth an estimated $20 billion, within 90 days of closing its deal with 21st Century Fox.

Our thought bubble: Amazon's strategy is notably different than its biggest streaming rival Netflix, which has shied from investing in live sports rights.

The backstory: A wide set of bidders has reportedly eyed the networks. The Wall Street Journal reported last month that initial bids have been rumored to come from private equity groups like Blackstone Group LP, KKR & Co. and Providence Equity Partners LLC, as well as rapper Ice Cube.

  • Fox Sports and NBC Sports were reportedly absent from the first round of bidding, but according to the CNBC report, Fox could join in a second round.
  • Last week, reports suggested that The Yankees were potentially buying back the YES Network from Disney.

Go deeper:

Go deeper

Kendall Baker, author of Sports
47 mins ago - Sports

MLB falls out favor with Republicans

Expand chart
Data: Morning Consult; Chart: Will Chase/Axios

MLB is the latest sports league to fall out of favor with Republicans following its decision to pull the All-Star Game out of Atlanta.

By the numbers: In mid-March, MLB's net favorability rating among Republicans was 47%, the highest of the four major U.S. sports leagues. Since then, it has plummeted to 12%, dropping the league below the NFL and NHL, according to new data from Morning Consult.

1 hour ago - World

Blinken makes unannounced trip to Afghanistan to sell troop withdrawal

Photo: CARLOS BARRIA/POOL/AFP via Getty Images

Secretary of State Antony Blinken made an unannounced trip to Afghanistan on Thursday to meet with the nation's president, Ashraf Ghani, and Abdullah Abdullah, who is representing the Taliban in negotiations, per the Washington Post.

Why it matters: Blinken sought to reassure the pair that the U.S. will maintain support for the country, despite President Biden's decision to withdraw troops from Afghanistan starting May 1 and concluding in full by Sept. 11.

Women rise to the top at major media companies

Illustration: Aïda Amer/Axios

Several women have been tapped to lead some of the country's largest newsrooms over the past year — a promising sign of progress for an industry that's typically been slow to accept change and embrace diversity.

Driving the news: CBS News executive Kimberly Godwin was named president of ABC News on Wednesday. Godwin will be the first Black woman to lead a major broadcast news division when she takes the helm in May.

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