Analysts praised the agreement reached this week between Warner Bros. Discovery WBD rand the National Basketball Association (NBA) that will see an extension of the two company's partnership for 11 years.As part of the deal, TNT Sports will be licensed to other companies and Warner Bros. will get exclusive rights to NBA games in some international markets. The deal will also see ESPN, a unit of The Walt Disney Company DIS, partner with Warner Bros. to license the popular basketball studio show "Inside the N ...

Shares of Warner Bros. Discovery, Inc. WBD are trading higher Monday. The company said it has reached a deal with the National Basketball Association. The agreement will extend the media partnership for an additional 11 years. Warner Bros also said that it has resolved all recent disputes related to the NBA's media agreement.This development has made Warner Bros. our Stock of the Day.Warner Bros sued the NBA in July. This occurred after the league gave broadcast rights to Comcast Corporation CMCSA, ESPN, an ...

Warner Bros. Discovery agreed to end its quest to own a package of live National Basketball Association games in the U.S. for the 2025-26 season and beyond, settling all of its legal disputes with the league.Warner Bros. Discovery sued the NBA in July, claiming the league failed to allow the media company to use its so-called matching rights on a package of live games.The league selected three media partners — Disney, Comcast's NBCUniversal and Amazon Prime Video — to be its U.S. distributors of live games ...

I analyze oil and gas companies, related companies, and Warner Bros. Discovery in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign ...

Things might look gloomy at CNN with layoffs, salary cuts and a new digital programming model that may or may not work. But On The Money has learned that private equity firms have been crunching the numbers on a possible acquisition of the ratings-challenged network.Don’t exactly hold your breath for anything happening soon, my sources both at CNN and in the private equity business tell me. The network’s parent, Warner Bros Discovery, isn’t yet shopping CNN.Indeed, no firm has made a bid, my sources tell me ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Warner Bros. Discovery (NASDAQ: WBD ) is one of the largest media companies in America. The company was spun off from AT&T and has one of the largest cont ...

Warner Bros. Discovery (WBD) stock rose nearly 12% after the company reported strong streaming results in the third quarter of 2024, including its largest-ever quarterly subscriber growth since the launch of Max. However, revenues missed expectations as the media giant struggled with a drop in its studios segment and continued declines from its linear TV business.Revenues came in at $9.62 billion, missing the Zacks Consensus Estimate by 3.4% and declining 3.6% year over year. The company reported adjusted e ...

I analyze oil and gas companies, related companies, and Warner Bros Discovery in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign u ...

Key TakeawaysWarner Bros. Discovery posted better-than-expected earnings as its Max streaming service set a record for new subscribers.The movie, TV, and streaming entertainment provider added 7.2 million subscribers in the third quarter. Shares surged Thursday following the release, though even with Thursday's gains, they remained lower for the year. Warner Bros. Discovery (WBD) shares surged Thursday after the media giant posted better-than-expected earnings as its Max streaming service set a record for ...

Warner Bros. Discovery says it will beef up ads on its Max streaming service.Max serves fewer ads per hour compared to other streaming platforms.Max added 7.2 million subscribers in its third quarter, reaching 110.5 million total subscribers. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you'r ...