Current:Home > ContactTradeEdge-Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon -TradeSphere
TradeEdge-Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
PredictIQ Quantitative Think Tank Center View
Date:2025-04-09 01:44:10
Warner Bros. Discovery filed a lawsuit against the National Basketball Association to keep its relationship with the league in broadcasting games.
The TradeEdgeNBA 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! (6938)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Vivek Ramaswamy reaches donor threshold for first Republican presidential primary debate
- Cash App creator Bob Lee, 43, is killed in San Francisco
- Apple Flash Deal: Save $375 on a MacBook Pro Laptop Bundle
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Taylor Swift, Keke Palmer, Austin Butler and More Invited to Join the Oscars’ Prestigious Academy
- Child dies from brain-eating amoeba after visiting hot spring, Nevada officials say
- Plan to Save North Dakota Coal Plant Faces Intense Backlash from Minnesotans Who Would Help Pay for It
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Elon Musk says NPR's 'state-affiliated media' label might not have been accurate
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Full transcript of Face the Nation, July 23, 2023
- How One Native American Tribe is Battling for Control Over Flaring
- Black man who says he was elected mayor of Alabama town alleges that White leaders are keeping him from position
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- UN Report Says Humanity Has Altered 70 Percent of the Earth’s Land, Putting the Planet on a ‘Crisis Footing’
- A Florida Chemical Plant Has Fallen Behind in Its Pledge to Cut Emissions of a Potent Greenhouse Gas
- The New US Climate Law Will Reduce Carbon Emissions and Make Electricity Less Expensive, Economists Say
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Four key takeaways from McDonald's layoffs
Rural grocery stores are dying. Here's how some small towns are trying to save them
Championing Its Heritage, Canada Inches Toward Its Goal of Planting 2 Billion Trees
Where will Elmo go? HBO moves away from 'Sesame Street'
The $1.6 billion Dominion v. Fox News trial starts Tuesday. Catch up here
Across the Boreal Forest, Scientists Are Tracking Warming’s Toll
The U.S. just updated the list of electric cars that qualify for a $7,500 tax credit