The NBA has finalized contracts that will make Comcast’s (CMCSA) NBC and Amazon’s (AMZN) Prime Video new broadcast partners, while Disney’s (DIS) ESPN will remain the home of the NBA Finals, but incumbent TNT Sports and parent company Warner Bros. Discovery (WBD) continues to threaten to match, sources told The Athletic’s Andrew Marchand. The agreements will extend for 11 seasons and be worth $76B, executives with direct knowledge of the deals told Marchand.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- Disney (NYSE:DIS) Unveils New Tokyo-Based Cruise Ship
- “Inside Out 2” Win Can’t Push Disney Stock (NYSE:DIS) Higher
- Box Office Battle: âDespicable Me 4â wins weekend with $122M debut
- Six Flags Entertainment Corp (NYSE:FUN): The Birth of a New Titan
- FuboTV price target lowered to $2 from $3 at Needham