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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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NBA Rejects Warner’s Bid to Stay in Basketball, Signs Deals With Amazon, Disney, NBCU

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variety.com

Brian Steinberg Senior TV Editor The NBA has blocked one of Warner Bros. Discovery’s last shots on the clock. The basketball league on Wednesday rejected Warner’s effort to shoulder its way in to a new set of rights packages already crafted for Amazon, Disney and NBCUniversal that will generate an estimated $76 billion over an 11-year period All are slated to begin in the NBA’s 2026 season.

To try and stay in the game, Warner would have to launch a legal salvo asking courts to decide that the NBA has denied what it believes is its right to match the terms of a package that contains games it would have been able to show under its current pact, which expires after the next NBA season ends in 2025. “Warner Bros.

Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer and, therefore, we have entered into a long-term arrangement with Amazon,” the league said in a statement.

A spokesman for Warner’s TNT Sports was not able to offer immediate comment. Under terms of the three new pacts, each of which ends after the 2036 season, Disney will retain the NBA Finals exclusively; Amazon will have global rights to 66 regular-season NBA games, including an opening week doubleheader and a new “Black Friday” NBA game; and NBCU will show 100 national regular season games across NBC and Peacock.

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