Current:Home > FinanceWarner Bros. Discovery sues NBA to secure media rights awarded to Amazon -Dynamic Wealth Solutions
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
View
Date:2025-04-13 05:39:33
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! (71917)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- ‘Doomsday Clock’ signals existential threats of nuclear war, climate disasters and AI
- Jennifer Lopez shimmies, and Elie Saab shimmers, at the Paris spring couture shows
- Experiencing racism may physically change your brain
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- A fast train and a truck collide in eastern Czech Republic, killing 1 and injuring 19 people
- Disney asks for delay in DeSantis appointees’ lawsuit, as worker describes a distracted district
- Teenager awaiting trial in 2020 homicide flees outside Philadelphia hospital
- A White House order claims to end 'censorship.' What does that mean?
- Biden vetoes GOP measure that aimed to block White House policy on foreign content in EV chargers
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Simone Biles Sends Love to “Heart” Jonathan Owens After End of His NFL Season
- Heavy rains soak Texas and close schools as downpours continue drenching parts of the US
- Democrat Dean Phillips vows to continue campaign after losing New Hampshire primary
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Boeing 757 lost nose wheel preparing for takeoff during a very rough stretch for the plane maker
- Travis Kelce Reveals Taylor Swift's Honest First Impression of Jason Kelce
- Biden sending senior West Wing aides Mike Donilon, Jennifer O'Malley Dillon to oversee 2024 reelection campaign
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Daniel Will: Exploring Warren Buffett's Value Investing Philosophy
Jason Kelce Reveals Wife Kylie’s Reaction to His Shirtless Antics at Travis’ NFL Game
Massachusetts is planning to shutter MCI-Concord, the state’s oldest prison for men
Senate begins final push to expand Social Security benefits for millions of people
Heavy snow strands scores of vehicles on a main expressway in central Japan
Latest federal court order favors right to carry guns in some New Mexico public parks
Biden sending senior West Wing aides Mike Donilon, Jennifer O'Malley Dillon to oversee 2024 reelection campaign