Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video. Turner has had an NBA package since 1984 and games have been on TNT since the network launched in 1988.
“We have reviewed the offers and matched one of them. This will allow fans to keep enjoying our unparalleled coverage, including the best live game productions in the industry and our iconic studio shows and talent, while building on our proven 40-year commitment for many more years,” Warner Bros. Discovery said in a statement. “Our matching paperwork was submitted to the league today. We look forward to the NBA executing our new contract.”
The NBA’s Board of Governors approved the league’s 11-year media rights deals with Disney, NBC and Amazon Prime Video at its meeting in Las Vegas last Tuesday. WBD received all three contracts Wednesday, which started the five-day clock for whether it wanted to match.
The new deals — collectively worth $76 billion — will begin with the 2025-26 season, and include a game being aired or streamed nationally every night during the second half of the season.
The Prime Video offer has games on Thursday night after it is done carrying NFL games. Its other nights are Friday and Saturday.
Amazon Prime Video did not comment on WBD’s intention to match.
This story is from the July 27, 2024 edition of Techlife News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 27, 2024 edition of Techlife News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
7 CHINA BANS EXPORTS TO US OF GALLIUM, GERMANIUM, ANTIMONY IN RESPONSE TO CHIP SANCTIONS
China announced this week it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
FINANCIAL AND COMMUNITY HURDLES SLOW GEOTHERMAL ENERGY DEVELOPMENT IN SOUTHEAST ASIA
Providing round-the-clock energy, using minimal space and considered a clean source of power-geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high, and governments are seeking to transition away from highly polluting fossil fuels.
CANADIAN NEWS PUBLISHERS SUE OPENAI OVER ALLEGED COPYRIGHT INFRINGEMENT
A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system.
AUSTRALIA IS BANNING SOCIAL MEDIA FOR PEOPLE UNDER 16. COULD THIS WORK ELSEWHERE - OR EVEN THERE?
It is an ambitious social experiment of our moment in history — one that experts say could accomplish something that parents, schools and other governments have attempted with varying degrees of success: keeping kids off social media until they turn 16.
BANK OF AMERICA SIGNS AGAIN WITH FIFA FOR US-HOSTED CLUB WORLD CUP THAT STILL HAS NO TV DEALS
World Cup sponsor Bank of America teamed with FIFA for a second time, signing for the Club World Cup that still has no broadcast deals just over six months before games start.
AT&T SEES EARNINGS GROWTH OVER NEXT 3 YEARS; EYES MORE THAN $40B IN ANTICIPATED SHAREHOLDER RETURNS
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services.
IN A WORLD OF GREAT NEED THERE ARE MORE WAYS TO DONATE MONEY THAN EVER.HOW SHOULD YOU GIVE?
Millions displaced by global conflicts. Communities reeling from unseasonably strong natural disasters. Lives upended due to healthcare inequalities.
US EXPANDS LIST OF CHINESE TECHNOLOGY COMPANIES UNDER EXPORT CONTROLS
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software.
INTEL CEO GELSINGER RETIRES; ZINSNER AND JOHNSTON HOLTHAUS NAMED INTERIM CO-CEOS
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement.
LANDLORDS ARE USING AI TO RAISE RENTS.AND CALIFORNIA CITIES ARE LEADING THE PUSHBACK
If you've hunted for apartments recently and felt like all the rents were equally high, you're not crazy: Many landlords now use a single company's software - which uses an algorithm based on proprietary lease information ― to help set rent prices.
