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The Latest Breaking News from WBD

Warner Stock Plunges to All-Time Low Following $9 Billion Q2 Write-Down

After losing the NBA and swinging back to a quarterly loss on streaming, investor optimism begins to fade

Multichannel News

Warner Bros Discovery Adds 3.6M Streaming Subs, Writes Down Value of Its Cable Nets by $9.1B

WBD stock slumped after announcing major write downs and reporting reduced revenue for both networks and streaming

TV Tech

‘Traditional TV is dying’: can networks pivot and survive?

Warner Bros Discovery this week wrote down $9bn as it – and others – play catch-up with streaming and video services

The Guardian - UK

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Let’s Celebrate Lee Corso on His 89th Birthday

Never forget that Lee Corso gave us one of the great f-bombs in sports TV history.

Sports Illustrated

TNT's 'Inside the NBA' Could Be Rebranded Once NBA Deal Is Up, per Report

Turner Sports is getting creative with its post-NBA sports coverage.

Sports Illustrated

Charles Barkley Doesn’t Know Why Warner Brothers Discovery Sued NBA, Says Adam Silver Won’t Lose Lawsuit

Barkley on NBA dumping TNT: “Hey, they want to break up with us. I don’t want no woman who I gotta sue to say, ‘Hey, you got to stay with me.’”

Sports Illustrated

Charles Barkley To Remain At TNT, Not Retiring

Charles Barkley will not be joining ESPN, NBC or Amazon.

Sports Illustrated

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Paris Olympics deal hands Discovery+ gold in UK TV streaming race

Subscriber growth booms for US pay-TV firm after move to grab European broadcast rights from BBC

The Guardian - UK

Joe Buck Trying to Explain New NFL Kickoff Rules Made for Amusing Television

Buck’s valiant effort to explain the new kickoff rules didn’t make them any less confusing.

Sports Illustrated

Puck's John Ourand on NBA vs. WBD and the Charles Barkley Sweepstakes

Puck's John Ourand surveys the state of play.

Sports Illustrated

Why The BBC Is Not Showing Much Of The Olympic Golf On TV

British golf fans are wondering why the Olympic competition is not being shown much on the BBC, and there's a simple answer

Golf Monthly

What Are Wall Street Analysts' Target Price for Warner Bros. Discovery Stock?

Although Warner Bros. Discovery has lagged behind the broader market over the past year, Wall Street analysts hold a cautiously optimistic view of the stock's potential.

Barchart

Legal Precedent Favors the NBA in Wrestling Match Against Warner Bros. Discovery

Two decades ago, Barry Diller and his USA Networks failed in their quest to bring back Vince McMahon's erstwhile WWF with a very similar lawsuit

Broadcasting & Cable

Max Drives WBD Olympics Viewing to Record Levels in Europe

After day two, European audiences had viewed more than 1B minutes and streaming audience numbers were already higher than those for the whole of Tokyo Olympics

TV Tech

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Broadcasting & Cable

Why It’s ‘Stupid’ for David Zaslav to Chase an NBA Package So Specifically Designed for Amazon

Also in this week’s ‘Next Text,’ we ponder Pete Rose’s next sports bet, the irresistible proposition of fixed wireless ... and a bleak but terrifyingly possible future in which we don’t get to vote anymore

The Independent UK

Parent company of TNT sues NBA for not accepting its matching offer

Warner Bros. Discovery has sued the NBA after the league did not accept the company’s matching offer for one of the packages in its upcoming 11-year media rights deal.

Sports Illustrated

TNT Releases Statement Announcing Legal Action to 'Enforce' NBA Broadcasting Rights

The NBA awarded Warner Bros. Discovery's share of the league's broadcast rights to Amazon, and the legal fight is on.

TV Tech

Warner Bros. Discovery Files Lawsuit Against NBA

The lawsuit claims the NBA “deliberately refused to honor TBS’s rights, forcing TBS and WBD to seek judicial intervention”

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news in one place.

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Multichannel News

Warner and Turner Sue the NBA Over Failed Renewal Deal

Less than 48 hours after threatening the league with ‘action,’ media company gives it … the action … and we have the lawsuit here

TV Tech

WBD Unveils ‘WBD House’ for Live Coverage of Paris Olympics to Euro Viewers

In total, there are four studios and three stand-up positions with 23 cameras

Fortune

Warner Bros. Discovery reportedly sues the NBA after 40-year partnership

CNBC says media giant will take the league to court.

Sports Illustrated

Here’s What Disney, NBC and Amazon Are Getting in New NBA TV Deal

Everything you need to know about how the NBA will look on all platforms beginning in 2025.

TV Tech

NBA Unveils Media Deals Worth $77B

Agreements with Disney, NBCUniversal and Amazon Prime Video run through 2035-36 season; they greatly expand the number of games on broadcast TV and streaming

Broadcasting & Cable

Warner Says It Will 'Take Appropriate Action' Against the NBA After Getting Spurned for Amazon

'We think [the NBA has] grossly misinterpreted our contractual rights with respect to the 2025-26 season and beyond,' declares TNT

The Guardian - US

NBA jilts TNT Sports in new $76bn TV deal with ESPN, NBC and Amazon

The league has agreed to an 11-year deal with networks. Warner Bros Discovery is considering legal action after holding the rights for 35 years

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