The NBA aces out Warner Bros. for TV coverage rights in 2025

[kingofnerf]

NBA Loss Sinks Warner Bros. Discovery Stock – Bad For Max, Could Hasten Linear Decline, Wall Street Fears

Shares of Warner Bros. Discovery fell in early trade after losing rights to the NBA yesterday to three big rivals.

deadline.com

Shares of Warner Bros. Discovery fell about 8% at market open after the NBA‘s announcement Wednesday of three big rights deals with three WBD rivals, shutting it out of professional basketball.

The NBA announced Wednesday that the trio of Disney/ESPN/ABC, Comcast/NBC/Peacock, and Amazon Prime won the rights to NBA games for 11 years starting in the fall of 2025. Reported price tags are $2.6 billion, $2.5 billion and $1.9 billion, respectively.