Current:Home > MyWarner Bros. Discovery sues NBA to secure media rights awarded to Amazon -Zenith Investment School
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
View
Date:2025-04-14 23:55:28
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! (997)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Arizona counties won’t be forced to do citizenship checks before the election, a judge rules
- Why Kristin Cavallari Thinks Celebs Like Kanye West and Britney Spears Have Been Cloned
- Anne Hathaway performs 'Somebody to Love' at Harris event in 'Ella Enchanted' throwback
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Co-founder of cosmetics company manifests Taylor Swift wearing her product
- 2012 Fashion Trends Are Making a Comeback – Here’s How to Rock Them Today
- Dan Lanning all but confirms key Oregon penalty vs. Ohio State was intentional
- Skins Game to make return to Thanksgiving week with a modern look
- NFL owners approve Jacksonville’s $1.4 billion ‘stadium of the future’ set to open in 2028
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- RFK Jr. suggests he’ll have a significant role on agriculture and health policy if Trump is elected
- Hundreds of troops kicked out under ‘don’t ask, don’t tell’ get upgraded to honorable discharges
- How Gigi Hadid Gave a Nod to BFF Taylor Swift During Victoria's Secret Fashion Show
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Maui wildfire survivors will get an additional year of housing help from FEMA
- California health care workers get a pay bump under a new minimum wage law
- Hayley Erbert Returns to DWTS Alongside Husband Derek Hough After Near-Fatal Medical Emergency
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Dylan Sprouse Shares How Wife Barbara Palvin Completely Changed Him
Hailey Bieber's Dad Stephen Baldwin Credits Her With Helping Husband Justin Bieber “Survive”
Unraveling the real-life medical drama of the 'Grey's Anatomy' writer who faked cancer
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Horoscopes Today, October 15, 2024
NFL owners approve Jacksonville’s $1.4 billion ‘stadium of the future’ set to open in 2028
Kate Moss and Lila Moss Are Ultimate Mother-Daughter Duo Modeling in Victoria's Secret Fashion Show