Warner Bros. Discovery to sue NBA after losing bid for broadcast rights: report

Warner Bros Discovery will sue the National Basketball Association in New York after the league rejected its matching bid for TV broadcasting rights, a source familiar with the matter said Thursday. The NBA on Wednesday rejected an offer from Warner's TNT sports division — ending four decades of partnership — and announced new agreements with Walt Disney's ESPN, Comcast-owned NBCUniversal and Amazon in an 11-year deal worth $77 billion. Warner Bros Discovery and the NBA did not immediately respond to Reuter ...