WBD Settles NBA Lawsuit, Gains Global Licensing Rights
WBD Settles NBA Lawsuit, Gains Global Licensing Rights
WBD Settles NBA Lawsuit, Gains Global Licensing Rights
News summary

Warner Bros. Discovery (WBD) has reached a settlement with the NBA over their lawsuit, resulting in 'Inside the NBA' airing exclusively on ESPN and ABC starting next season. WBD's lawsuit followed the rejection of their bid to match the NBA's new $76 billion media rights deals with Disney, Amazon, and NBC. The settlement, pending finalization, allows WBD to license NBA content globally, including broadcast rights in Northern Europe and Latin America, and to continue producing 'Inside the NBA' with its current panel. WBD will manage the NBA's digital operations for five years and develop new shows using NBA content. As part of the agreement, ESPN will sublicense Big 12 sports content to WBD for TNT and its streaming platforms. This deal underscores the strategic importance of live sports in the evolving media landscape.

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