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No slam dunk for Warner Bros Discovery
The Straits Times
|November 20, 2024
Warner Bros Discovery (WBD) said on Nov 18 that it would have access to coveted National Basketball Association (NBA) content for 11 more years under a legal settlement with the league, sending shares of the media company more than 5 per cent higher.
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The new agreement includes rights to use NBA content for the company's TNT Sports, Bleacher Report and House of Highlights assets, as well as rights to broadcast live games in Nordic countries, Po-land and Latin America, excluding Brazil and Mexico.
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The Straits Times
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