The ongoing talks also could result in the loss of an NBA TV package for Warner Bros. If Comcast succeeds at the expense of Turner, it would be a significant blow to the latter's parent company, Warner Bros. Warner Bros. Pay TV operators are battling to keep costs down as their customer base continues to shrink every year. The report noted that TNT commands around $2.6 billion in subscriber fees, accounting for 30% of Warner Bros.

Source: Los Angeles Times May 03, 2024 21:27 UTC