Warner Bros. Discovery's attempt to match Amazon bid is rejected, ending TNT's run as an NBA partner after next season.
The has NBA completed an 11-year, $76-billion media rights pact that will change the line-up of partners after next season, ending its decades-long relationship with cable network TNT and entering a new partnership with Amazon. The league issued a statement Wednesday saying TNT parent Warner Bros. Discovery did not match the terms offered by Amazon, which will reportedly pay $1.8 billion annually for the rights to stream NBA games on Prime Video.
will be the television outlets for the NBA. The statement noted that the league sought a streaming partner to 'maximize the reach and accessibility of our games for fans.' Streaming has become the platform of choice for young viewers who are abandoning or bypassing traditional pay TV services.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NBA Rights Deal: Warner Bros. Discovery Matching $1.8B Amazon OfferLast week, there were reports that CEO David Zaslav's Warner Bros. Discovery (WBD) would be looking to match one of the deals on the table during its five-day 'match' period – and today, we're learning that those reports are true.
Read more »
Warner Bros. Discovery to match Amazon Prime offer for NBA rightsWarner Bros. Discovery on Monday said it will match the $1.8 billion per year offer by Amazon Prime Video to carry NBA games on Turner Sports.
Read more »
Warner Bros. Discovery informs NBA it will match Amazon Prime Video's offer to carry gamesTurner Sports intends to continue its longtime relationship with the NBA. Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video. Turner has had an NBA package since 1984 and games have been on TNT since the network launched in 1988.
Read more »
NBA Rights Deal Report: Warner Bros. Discovery Matching Amazon OfferLast week, Andrew Marchand from The Athletic/The New York Times reported that NBCUniversal, Amazon's Prime Video, and Disney/ESPN were close to finalizing their respective NBA broadcasting rights deals, which could reportedly be (according to sources) for 11 seasons and worth $76 billion – beginning after the 2024-2025 season.
Read more »
Warner Bros. Discovery tells NBA it intends to match Amazon's media rights packageWarner Bros. Discovery intends to use its matching rights on a package of NBA games earmarked for Amazon.
Read more »
Warner Bros. Discovery tells NBA it intends to match Amazon's media rights packageWarner Bros. Discovery intends to use its matching rights on a package of NBA games earmarked for Amazon.
Read more »