NBA sends media terms to Warner Bros. Discovery, officially starting five-day match period
Publishing timestamp: 2024-07-18 16:19:18
Summary
Warner Bros. Discovery has received paperwork from the NBA to match Amazon's $1.8 billion per year package of NBA games. The NBA has prepared for a potential lawsuit if Warner Bros. Discovery chooses to match the package. Warner Bros. Discovery is currently reviewing the terms of the proposed media rights contracts.
Sentiment: NEUTRAL
Tickers: WBD, DIS, CMCSA, AMZN,
Keywords: entertainment, nba basketball, technology, breaking news: business, warner bros discovery inc, comcast corp, business news, media, sports, adam silver, basketball, walt disney co, amazon.com inc,
Source: https://www.cnbc.com/2024/07/18/nba-media-rights-warner-bros-discovery-match-period.html