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Home»Sport»Warner Bros. Discovery sues the NBA over deal with Amazon
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Warner Bros. Discovery sues the NBA over deal with Amazon

u1news-staffBy u1news-staffJuly 27, 2024No Comments3 Mins Read
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Warner Bros. Discovery has filed a lawsuit against the NBA, arguing that the league breached its contract by selling a broadcast-rights package to Amazon, marking a dramatic escalation of tensions between the longtime partners. Warner, which owns TNT Sports, I believe I have the ability to match that. The company will effectively assume the contract with Amazon under the terms of the league’s previous rights agreement.

“We have taken legal action to enforce our rights after the NBA wrongfully refused to match our third-party offers,” TNT Sports said in a statement after the lawsuit was filed.

NBA spokesman Mike Bass responded, “Warner Bros. Discovery’s claims are without merit and our lawyers will be responding.”

NBA Approved Media Rights Agreements Amazon, Comcast Corp.’s NBC and Disney-owned ESPN reached the deal last week, which is expected to be worth a total of $76 billion over 11 years and takes effect with the 2025-26 season. Amazon’s transactions It’s worth $1.8 billion a year.

Amazon founder Jeff Bezos also owns The Washington Post.

After the league reached a new contract, Warner told the NBA it was exercising its equal rights to Amazon’s cut. The NBA rejected those rights and announced a new contract on Wednesday that included the Amazon deal. Warner then filed suit.

According to the 108-page complaint filed in New York state court, “the NBA has [TNT’s] While the league has told Warner that there are differences in the contracts — Amazon is a streaming-only company and TNT is a cable network, for example — the lawsuit argues those differences are not relevant to the matching clause.

Warner Bros. argues the NBA is crucial to its business because of the fees it charges cable companies and the “halo effect” of live broadcasts that allow it to promote its other programming, and is asking the court for a preliminary injunction to bar the league from striking a deal with Amazon.

The lawsuit seeks monetary damages if Warner is not granted any equitable relief.

The lawsuit could also be the catalyst for settlement talks, though industry insiders have differing views on what those talks might look like. Some have speculated that TNT could air a small selection of regular season games, but it’s hard to imagine where those games would come from. TNT could also continue to run NBA TV or continue to air the popular pre- and post-game show “Inside the NBA” through a highlight rights deal.

Some have suggested Warner could seek a financial settlement or try to sell a package of games for next season, the final season of his current NBA contract.

The NBA has aired on TNT since 1989. “Inside the NBA” star Charles Barkley said: The company released a statement on Friday. This was distributed across several Warner-owned social media channels.

“I’m not sure TNT had a chance,” he wrote. “They paid the same amount, but the league knows that only Amazon and these other tech companies will be willing to pay when rights fees double in the future.”

Berkeley too I interviewed Dan Patrick on Friday. He said he plans to talk to the NBA’s three remaining media partners and listen to any job offers that come his way. He plans to continue appearing on “Inside the NBA” next season.

Amazon Bros deal discovery NBA sues Warner
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