Exclusive: DirecTV’s Chief Programming Officer Rob Thun said the development of Venu Sports proves broadcasters are ready to embrace genre-based channel bundles, and they should afford that opportunity to other distributors, too.
The sports-focused streaming service projected revenue losses of as much as $95 million and the possibility of being delisted from the NYSE by the end of the year.
The professional basketball league says WBD’s offer was not substantially the same as one made by Amazon for games on Prime Video.
TNT Sports has announced its commentator lineup ahead of its opening week of Mountain West football coverage.
WBD saw its direct-to-consumer subscribers grow during Q2, but the company also reported a $9 billion impairment charge associated with the loss of NBA games.
Warner Bros Discovery is keeping TNT Sports talent Charles Barkley, and will add five Savannah Bananas games to its sports roster this month.
The price falls on the lower end of the $40 to $50 per month estimate offered by analysts and streaming media experts.
WBD has made good on its threat to take “appropriate action” against the NBA by suing the league over its new TV deal.
The NBA has affirmed its 11-year broadcast deal with Comcast’s NBC Sports, Amazon’s Prime Video and Disney’s ESPN, starting with the 2025-26 season.
Warner Bros Discovery says it has matched at least one of the offers made by a rival broadcaster for long-term television rights of NBA games on TNT Sports.