Warner Bros. Discovery, Inc. (WBD)
Warner Bros Discovery sues NBA over bid for broadcast rights
Warner Bros Discovery and its sports division, Turner Broadcasting System, filed a lawsuit on Friday against the National Basketball Association in New York over the league's rejection of its matching bid for media rights.
Warner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite
It's unclear if merger deregulation will jumpstart consolidation among larger media companies. In the last five years, every large media merger has led to tens of billions in lost value for shareholders.
NBA enters deal with Amazon—rejecting a bid from longtime partner Warner Bros. Discovery
The NBA said Wednesday that it is not accepting Warner Bros. Discovery's $1.8 billion per year offer to continue its longtime relationship with the league and therefore has entered into a deal with Amazon Prime Video, a move that would mean this coming season would end a nearly four-decade run of games being on TNT.
Warner Bros. Discovery to sue NBA after losing bid for broadcast rights: report
The NBA on Wednesday rejected an offer from Warner's TNT sports division — ending four decades of partnership.
NBA Slams Warner Bros. Discovery (WBD) Stock with Deal Rejection
Warner Bros. Discovery (NASDAQ: WBD ) stock is taking a beating on Thursday after the NBA rejected a deal to continue its rights agreement with the media company.
Warner Bros Discovery drops after failing to renew NBA broadcasting rights
Warner Bros Discovery shares fell more than 4% in U.S. premarket trading on Thursday, after the media giant failed to renew broadcasting rights for the NBA games, fueling investor concerns over the future of its TNT and Max streaming service.
Flagrant Foul! Warner Bros Discovery Threatens “Appropriate Action” Against NBA After League Rejects Matching Bid
Warner Bros Discovery may have been late to the game, but the TNT owner isn't about to let Amazon Prime Video snatch its NBA ball without a fight.
NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery attempt to match deal
The NBA is negotiating a new media rights deals to begin after this upcoming season. Warner Bros.
Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Warner Bros. Discovery (WBD) quite a bit.
Warner Bros Discovery 'matches' rivals in last ditch attempt to keep NBA rights
Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) TNT network said it has matched rivals offers for NBA basketball games to avoid losing one of its most lucrative sports content deals. NBA games on TNT have been shown since 1989, with its current rights deal costing $1.20 billion annually and ending at the end of the next season.
The Case Against Breaking Up Warner Bros. Discovery
Bank of America Analysts suggest Warner Bros. Discovery, Inc. should break up the company, separating the legacy assets from the higher growth ones. Such a break-up would be bad for shareholders long-term, given the difficulty in selling off those assets in the current environment, and their strong cash flow generation. There is a lot of overreaction to WBD's underperformance, but the merger's strategic rationale remains intact.
Warner Bros. Discovery tells NBA it will match Amazon's bid to carry games
Warner Bros. Discovery WBD, -1.38% informed the league Monday that it will match the $1.8 billion per year offer by Amazon's Prime Video.
