Current:Home > reviewsSafeX Pro:Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon -Wealth Momentum Network
SafeX Pro:Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
Algosensey View
Date:2025-04-10 17:56:45
Warner Bros. Discovery filed a lawsuit against the National Basketball Association to keep its relationship with the league in broadcasting games.
The SafeX ProNBA 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! (299)
Related
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Russell Wilson to sign with Steelers after release from Broncos becomes official, per reports
- The 2024 Oscars were worse than bad. They were boring.
- Da'Vine Joy Randolph wins best supporting actress Oscar: 'God is so good'
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Have you ever been called someone's 'moot'? The social media slang's meaning, unpacked
- Lionel Messi does not play in Inter Miami's loss to CF Montreal. Here's the latest update.
- ‘Oppenheimer’ crew keeps it low key, other winners revel at Vanity Fair’s Oscar after-party
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Vanity Fair Oscars 2024 Party Red Carpet Fashion: See Every Look as Stars Arrive
Ranking
- The Super Bowl could end in a 'three
- Biden’s big speech showed his uneasy approach to abortion, an issue bound to be key in the campaign
- Justice Department investigating Alaska Airlines door blowout
- Biden and Trump trade barbs over Laken Riley death, immigration, during dueling campaign rallies in Georgia
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- 10 AWD cars and SUVs for 2024 under $30,000
- Cry a River Over Justin Timberlake and Jessica Biel’s Perfect Vanity Fair Oscars Party Date Night
- Robert Downey Jr. wins supporting actor and his first Oscar for ‘Oppenheimer’
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Brutally honest reviews of Oscar best song performances, including Ryan Gosling
Jimmy Kimmel talks about that Trump dig at star-studded after party; Billie Eilish rocks socks
When does daylight saving time end? When we 'fall back', gain extra hour of sleep in 2024
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Sen. Bernie Sanders: No more money to Netanyahu's war machine to kill Palestinian children
'A stunning turnabout': Voters and lawmakers across US move to reverse criminal justice reform
Matt Damon's Walk of Fame star peed on by dog Messi, picking a side in Jimmy Kimmel feud