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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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Warner Bros. Discovery’s NBA Hopes May Hinge on Elusive ‘Fourth Package’ of Games

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variety.com

Brian Steinberg Senior TV Editor Warner Bros. Discovery’s bid to stay in the business of basketball is anything but a slam dunk.

The media company has signaled in recent days to the NBA that it would like to discuss the prospect of carving out a small package of game rights to go alongside those already negotiated with Disney, Amazon and NBCUniversal, according to people familiar with the talks.

Current NBA media rights are owned by Disney and Warner, but the contract behind them lapses after the 2024-2025 season, and the league has been in discussions with media companies for weeks over new contracts.

Warner Bros. Discovery and the NBA did not reach new terms during a recent window of exclusivity, these people said, but Warner would like the league to consider the idea of a “fourth package” — potentially to keep Warner from pressing what it believes are its rights to match the terms struck with any rival bidders for the games it currently controls.

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