Warner Bros. Discovery filed a lawsuit against the NBA on Friday over the league's 'unjustified rejection' of the company's matching rights proposal earlier ...
The suit, filed under seal in New York County Supreme Court by WBD and its subsidiary Turner Broadcasting System and obtained by Yahoo Finance, states the NBA "has refused to honor TBS ’s match. Not only that, despite TBS ’s clear match, the NBA has purported to grant the rights to Amazon in direct breach of the agreement."shells out $1.2 billion annually for the rights, which expire at the end of next season.
"But more importantly in our minds is the opportunity cost to the Max streaming service because streaming is the present and future of TV," he said, adding it will be harder for Max to generate new subscribers and retain existing ones without the NBA. "It's a sad day when owners and commissioners choose money over the fans," he continued. "It just sucks."Judge takes final step to overturn Florida's 'Stop WOKE Act'
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