NBA, Discovery and Warner Bros

Investors slam Warner Bros. Discovery with lawsuit over loss of NBA deal
Investors are calling foul over Warner Bros. Discovery's loss of its NBA media rights deal. A lawsuit filed this week in New York federal court alleges that shareholders suffered "significant losses and damages” over the company's inability to hold onto its NBA contract,
Warner Bros Discovery Sued For Misleading Investors On NBA Before Losing It
A shareholder sued Warner Bros. Discovery for misleading investors on the impact of losing its long-standing rights deal with the NBA.
Warner Bros. Discovery Investors Sue Over 'Significant Losses and Damages' Caused by NBA Rights Fallout
Warner Bros. Discovery and CEO David Zaslav were sued Monday by investors who experienced "significant losses and damages" caused by fallout from the studio's rights negotiations with the National Basketball Association.
Warner Bros. Misled Investors Over Risk of NBA Deal, Suit Says
Warner Bros. Discovery Inc. and top executives violated federal securities law by failing to disclose to investors the risks accompanying rights renewal negotiations with third-parties, including the NBA,
Warner Bros Discovery secures NBA rights extension after dispute
Warner Bros Discovery said on Monday it would have access to coveted National Basketball Association content for 11 more years under a legal settlement with the league, sending shares of the media company more than 5% higher.
Investors sue Warner Bros. Discovery over misleading and downplaying over loss of NBA rights, here's why
Warner Bros. Discovery (WBD) is facing a class action lawsuit filed by investors who claim the media conglomerate misled them about the financial impact of losing its NBA broadcasting rights.
Warner Bros. Discovery Hit With Investor Lawsuit Over Loss of NBA Rights
The lawsuit points to the company recording a $9.1 billion goodwill impairment charge related to the depreciation of its TV networks.
Warner Bros Discovery Eyes Scripted Push After Hiring Ex-Showmax Exec As Nordics Content Chief
Former MultiChoice and Viacom exec Allan Sperling has been named Group Vice President, Programming, Networks and Streaming ...
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Warner Bros. Allegedly Cancelling Future ‘Mortal Kombat 1’ Story And Character DLC Plans Due To Poor Sales Of ‘Khaos Reigns’ Expansion Pack
A new rumor suggests that Warner Bros. is ending their future 'Mortal Kombat 1' DLC plans due to the poor sales of the 'Khaos Reigns' pack.
Warner Bros. Discovery Appoints Allan Sperling as Group Vice President of Programming, Networks and Streaming in Nordics
Warner Bros. Discovery has appointed Allan Sperling as new GVP of programming, networks and streaming in the Nordics.
Warner Bros. Signs Remake Production Deal With Korean Studio CJ ENM
Warner Bros. has reached a production deal with Korean studio CJ ENM that will see the two companies partner to make remakes ...
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Warner Bros. Discovery Taps MultiChoice Alum for Nordics
Warner Bros. Discovery Nordics has appointed Allan Sperling as the new group VP of programming, networks and streaming for ...
Warner Bros. Discovery Taps A.I. to Create Ads That Ask Viewers to Shop for Products Similar to Ones in Their Favorites Shows
Warner Bros. Discovery unveils new ad formats for Max that spur subscribers to shop for products similar to the ones spotted ...
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Samuel L. Jackson In Negotiations To Join J.J. Abrams’ Next Movie For Warner Bros
Samuel L. Jackson is in negotiations to join the cast of J.J. Abrams’ untitled mystery movie for Warner Bros and his Bad ...
Warner Bros. Discovery's Streaming Revenue Comes Largely From Max as Cable Assets Remain Key to DTC Strategy | Charts
Warner Bros. Discovery (WBD) reported earnings last week with largely positive news for its direct-to-consumer (DTC) ...