Current:Home > FinanceWarner Bros. Discovery sues NBA to secure media rights awarded to Amazon -TradeWisdom
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Will Sage Astor View
Date:2025-04-10 11:50:47
Warner Bros. Discovery filed a lawsuit against the National Basketball Association to keep its relationship with the league in broadcasting games.
The NBA rejected WBD's bid to continue broadcasting games, instead reaching agreements with Disney, Comcast’s NBCUniversal and Amazon on a media rights package worth about $77 billion. The rejection ended a four-decade relationship between the league and Turner Sports.
“Given the NBA’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights,” TNT Sports said in a statement. “We strongly believe this is not just our contractual right, but also in the best interest of fans who want to keep watching our industry-leading NBA content with the choice and flexibility we offer them through our widely distributed WBD video-first distribution platforms – including TNT and Max.”
Warner Bros. Discovery said their bid worth $1.8 billion per year was the same as Amazon's, but the league instead approved the streaming services bid.
“Warner Bros. Discovery’s claims are without merit and our lawyers will address them," NBA spokesman Mike Bass said.
In rejecting the claim, the league pointed to this clause in a matching rights agreement from a decade ago.
“In the event that an incumbent matches a third party offer that provides for the exercise of game rights via any specific form of combined audio and video distribution, such incumbent shall have the right and obligation to exercise such game rights only via the specified form of combined audio and video distribution (e.g. if the specific form of combined audio and video distribution is internet distribution, a matching incumbent may not exercise such games rights via television distribution)."
veryGood! (32)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Anxiety high as school resumes for some in Georgia district where fatal shooting occurred
- Dave Grohl says he’s father to a new daughter outside his 21-year marriage
- NFL power rankings Week 2: Settled Cowboys soar while battered Packers don't feel the (Jordan) Love
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- The first general election ballots are going in the mail as the presidential contest nears
- Former Vikings star Adrian Peterson ordered to turn over assets to pay massive debt
- Judge orders former NFL star Adrian Peterson to turn over assets to pay $12M debt
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Dolphins coaches, players react to ‘emotional’ and ‘triggering’ footage of Tyreek Hill traffic stop
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Hallmark+ hatches 'The Chicken Sisters': How to watch, changes from book
- Massachusetts man who played same lottery numbers for 20 years finally wins Mega Millions
- Bachelorette’s Devin Strader Says He “F--ked Up” After Sharing Messages From Ex Jenn Tran
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Personal assistant convicted of dismembering his boss is sentenced to 40 years to life
- Dolphins coaches, players react to ‘emotional’ and ‘triggering’ footage of Tyreek Hill traffic stop
- Fantasy football defense/special teams rankings for Week 2: Beware the Cowboys
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
NFL Week 2 odds: Moneylines, point spreads, over/under
South Carolina, UConn celebrate NCAA championships at White House with President Biden
A Philadelphia officer has died of his injuries from a June shooting
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
'Don't need luck': NIU mantra sparks Notre Dame upset that even New York Yankees manager noticed
New bodycam video shows police interviewing Apalachee school shooting suspect, father
Dolphins coaches, players react to ‘emotional’ and ‘triggering’ footage of Tyreek Hill traffic stop