Current:Home > NewsWarner Bros. Discovery sues NBA to secure media rights awarded to Amazon -Aspire Money Growth
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
View
Date:2025-04-15 06:30:52
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! (3764)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- 2024 Paris Olympics: Paychecks for Team USA Gold Medal Winners Revealed
- Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say
- Norah O’Donnell leaving as anchor of CBS evening newscast after election
- The White House is cracking down on overdraft fees
- Team USA men's soccer is going to the Olympic quarterfinals for the first time in 24 years
- 3 inmates dead and at least 9 injured in rural Nevada prison ‘altercation,’ officials say
- 2024 Olympics: Stephen Nedoroscik’s Girlfriend Tess McCracken “Almost Fainted” Over Pommel Horse Routine
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Barbie launches 'Dream Besties,' dolls that have goals like owning a tech company
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Criticism mounts against Venezuela’s Maduro and the electoral council that declared him a victor
- El Chapo’s son pleads not guilty to narcotics, money laundering and firearms charges
- Black leaders in St. Louis say politics and racism are keeping wrongly convicted man behind bars
- Retirement planning: 3 crucial moves everyone should make before 2025
- Mississippi man arrested on charges of threatening Jackson County judge
- Olympics 2024: Why Jordan Chiles Won’t Compete in the Women’s Gymnastics All-Around Final
- Louisiana cleaning up oil spill in Lafourche Parish
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
As average cost for kid's birthday party can top $300, parents ask 'How much is too much?'
2 youth detention center escapees are captured in Maine, Massachusetts
Kentucky judge dismisses lawsuit challenging a new law to restrict the sale of vaping products
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Tesla recalls 1.85 million vehicles over hood latch issue that could increase risk of crash
Civil Rights Movement Freedom Riders urge younger activists to get out the vote
Missouri woman admits kidnapping and killing a pregnant Arkansas woman