NBA Unveils $77 Billion TV and Streaming Deals With NBC, ESPN and Amazon
The league signed 11-year agreements with the media partners, rejecting a last-minute matching bid from Warner Bros. Discovery.
Ticker |
DIS
|
CIK | 0001744489 |
SIC | 7990 |
Sector | Services |
Industry Category | Entertainment |
Industry Group | Services – Misc. Entertainment |
Address | 500 SOUTH BUENA VISTA STREET, BURBANK, CA, 91521 |
Website | thewaltdisneycompany.com |
Phone | (818) 560-1000 |
CEO | Robert A. Iger |
Employees | 220,000 |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
NBA Unveils $77 Billion TV and Streaming Deals With NBC, ESPN and AmazonThe league signed 11-year agreements with the media partners, rejecting a last-minute matching bid from Warner Bros. Discovery. Walt Disney (DIS) Stock Moves -1.25%: What You Should KnowThe latest trading day saw Walt Disney (DIS) settling at $89.80, representing a -1.25% change from its previous close. Warner Bros. loses 'critical' NBA rights as league secures $77 billion deal with Disney, Comcast, and AmazonWarner Bros. Discovery lost a key media rights deal with the NBA. NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billionThe NBA rejected a last-minute offer from Warner Bros Discovery's TNT Sports division, which it said fell short of Amazon's proposal, ending a four-decade relationship with the media company after next season. A spokesman for TNT Sports could not immediately be reached for comment. About 75 regular-season games will be on broadcast TV each season, up from the minimum of 15 games under the current agreement, NBA said. NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billionThe NBA said it rejected a last-minute offer from Warner Bros Discovery's TNT Sports division, ending a four-decade relationship with the media company after next season. A spokesman for TNT Sports could not immediately be reached for comment. About 75 regular-season games will be on broadcast TV each season, up from the minimum of 15 games under the current agreement, NBA said. |