Tag: media rights

MLB is targeting 2028 to nationalize local media rights, aiming to end blackouts and unify broadcasting under a single strategy. With at least 15 teams expected to have available rights, the league sees opportunities to partner with major tech or…

Front Office Sports discusses how sports media is grappling with attracting younger fans, even as TV ratings and media rights soar. ESPN chairman Jimmy Pitaro highlights the challenge, pointing out distractions like Netflix and TikTok. Amazon’s Thursday Night Football has…

Endeavor is selling On Location, Professional Bull Riders, and IMG to TKO Group Holdings for $3.25 billion, consolidating its sports assets into one public entity as Endeavor moves toward going private. The deal boosts TKO’s portfolio in media rights and…

All Elite Wrestling (AEW) has signed a multi-year media rights deal with Warner Bros. Discovery, reportedly valued at over $150 million annually. AEW's shows, "Dynamite" and "Collision," will continue airing on TBS and TNT while streaming live on Max starting…

The NBA has filed a motion to dismiss a lawsuit by Warner Bros. Discovery (WBD), which accuses the league of breaching its contract by pursuing a future streaming deal with Prime Video. The NBA secured a $76 billion media rights…

TKO Group Holdings reported record Q2 2024 revenue of $851.2 million and net income of $150.7 million, driven by media rights, sponsorships, and live events. The company raised its full-year guidance, expecting revenue up to $2.745 billion. WWE revenue grew…

The NBA has rejected Warner Bros. Discovery's (WBD) attempt to renew their 40-year partnership, opting instead for a deal with Amazon Prime. This decision has led WBD to file a lawsuit against the NBA, arguing that they matched Amazon's offer.…

The NBA's new 11-year, $76 billion media rights deal with Amazon, NBCUniversal, and Disney reflects the growing dominance of streaming platforms in sports broadcasting. This shift signifies Amazon's commitment to expanding its sports content and NBCUniversal’s strategy to drive Peacock's…

Awful Announcing asks 7 burning questions about the NBA's recent media deal. With the NBA likely moving on from TNT in 2025, uncertainties arise about the future of "Inside the NBA," Warner Bros. Discovery's next steps, and potential new media…

Warner Bros. Discovery (WBD) is suing the NBA after the league rejected WBD's attempt to match Amazon's offer in the new media rights deal starting in 2025. WBD claims the NBA misinterpreted their contract and argues that moving games to…