NBA rejects Warner Bros. Discovery offer, completing media rights deal with Amazon - News Summed Up

NBA rejects Warner Bros. Discovery offer, completing media rights deal with Amazon


Discovery did not match the terms offered by Amazon, which will reportedly pay $1.8 billion annually for the rights to stream NBA games on Prime Video. Prime Video is expected to carry weekly regular-season games and the NBA Cup, a mid-season tournament launched last year. Disney will pay $2.8 billion per year, up from $1.4 billion in the current deal. But the NBA was a significant piece of its offering to pay TV customers. Pay TV operators are battling to keep costs down as their customer base continues to shrink every year.


Source: Los Angeles Times July 24, 2024 21:35 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */