7 Invisible Obstacles to Digital Marketing Success
7 Invisible Obstacles to Digital Marketing Success
12 Steps to Create Videos

TNT’s parent company Warner Bros. Discovery files suit against NBA over media rights, alleges contract breach [Video]

Categories
Company Formation

Once the 2024-25 NBA season ends, TNT will no longer hold the broadcasting rights to NBA games.

Earlier this week, the league rejected TNT’s offer to match Amazon’s bid. But less than 48 hours after the announcement, Warner Bros. Discovery (WBD), TNT’s parent company, decided to pursue legal action against the league.

The company filed a lawsuit under seal in New York County Supreme Court on Friday. WBD released a statement explaining its decision to file the suit, arguing that the NBA’s rejection was “unjustified.”

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

“Given the NBA’s unjustified rejection of our matching of a third-party offer, we have taken legal action to enforce our rights,” the media organization 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 …

The Implications of AI in Digital Marketing
The Implications of AI in Digital Marketing
5 Steps to Creating Successful Ads