Warner Bros. Discovery, Inc. (WBD)
Warner Brothers Discovery sues NBA over Amazon rights deal
Warner Brothers Discovery filed a lawsuit against the NBA on Friday, claiming the US professional basketball league broke a contract by refusing a new media rights deal to accept an offer from Amazon.
Warner Bros. Discovery Sues NBA Over Amazon Deal
Warner Bros. Discovery sued the NBA on Friday for breach of contract after the league said the TNT owner did not match Amazon's $1.8 billion bid for an 11-year distribution rights deal, according to multiple outlets, though Warner Bros.
Warner's TNT Sues NBA, Alleging Breach of Media-Rights Contract
Warner Bros. Discovery WBD 3.44%increase; green up pointing triangle filed a breach of contract suit Thursday against the NBA, alleging the league violated a media-rights agreement with its TNT cable network by striking a deal with Amazon's Prime Video.
NBA Sued By Warner Bros Discovery As TV Rights Battle Goes To Next Level
Just hours before the Opening Ceremony is set to kick off in Paris, David Zaslav wants to remind everyone that the Olympics are not the only game in town with an expected lawsuit against the NBA over TV rights. Turner Broadcasting System, Inc. (“TBS”) and Warner Bros. Discovery, Inc.
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.
