Current:Home > InvestWarner Bros. Discovery sues NBA to secure media rights awarded to Amazon-LoTradeCoin
Warner Bros. Discovery sues NBA to secure media rights awarded to Amazon
View Date:2024-12-23 15:38:28
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! (77571)
Related
- Horoscopes Today, November 10, 2024
- Nvidia to release earnings as AI demand continues unabated
- Photos capture damage from Iowa tornadoes that flattened town, left multiple deaths and injuries
- Coast Guard says Alaska charter boat likely capsized last year after flooding, killing 5
- MVSU football player killed, driver injured in crash after police chase
- Courteney Cox: Designing woman
- Bud Anderson, last surviving World War II triple ace pilot, dies at 102
- Pitbull reacts to 'Give Me Everything' song in 'Bridgerton' carriage scene: 'Timeless'
- Question of a lifetime: Families prepare to confront 9/11 masterminds
- Family of American caught in Congo failed coup says their son went to Africa on vacation
Ranking
- Mike Tyson-Jake Paul: How to watch the fight, time, odds
- Sky's Kamilla Cardoso eyes return against Caitlin Clark, Fever on June 1
- A lot of people chew ice. Here's why top dentists say you shouldn't.
- High School Musical Star Wins The Masked Singer Season 11
- 'Wheel of Fortune' contestant makes viral mistake: 'Treat yourself a round of sausage'
- Olympian Mary Lou Retton Responds to Backlash Over Her Daughters Crowdsourcing Her Medical Funds
- Viral Four Seasons baby takes internet by storm: 'She's so little but so grown'
- Leaders of Northwestern, UCLA and Rutgers to testify before Congress on campus protests
Recommendation
-
GM recalls 460k cars for rear wheel lock-up: Affected models include Chevrolet, GMC, Cadillac
-
Towns treasures Timberwolves’ trip to West finals as Doncic-Irving duo hits stride for Mavericks
-
Horoscopes Today, May 21, 2024
-
Kansas women killed amid custody battle found buried in cow pasture freezer: Court docs
-
Amazon Prime Video to stream Diamond Sports' regional networks
-
Which countries recognize a state of Palestine, and what is changing?
-
Former student found guilty in murder of University of Arizona professor Thomas Meixner
-
Savannah police arrest suspect in weekend shootings that injured 11 in downtown square