WBD Sues NBA Over $77B Media Rights Deal
WBD Sues NBA Over $77B Media Rights Deal

WBD Sues NBA Over $77B Media Rights Deal

News summary

Warner Bros. Discovery (WBD), the parent company of TNT Sports, has filed a lawsuit against the NBA after the league rejected its bid to match Amazon's offer for media rights. The NBA's new 11-year, $77 billion media rights deal includes Disney, NBCUniversal, and Amazon, but excludes TNT, ending a 40-year partnership. WBD claims the NBA acted in bad faith and breached their contract by not honoring their matching rights, while NBA officials argue WBD's offer did not actually match Amazon's terms. Charles Barkley, a long-time analyst for TNT’s ‘Inside the NBA,’ expressed disappointment, suggesting the league always intended to move away from TNT to tech companies like Amazon. The lawsuit seeks to delay the new agreements and enforce WBD's rights.

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1
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Last Updated
107 days ago
Bias Distribution
40% Center

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