Warner Bros. Discovery and NBA extend media partnership for another 11 years

Warner Bros. Discovery and NBA extend media partnership for another 11 years

Warner Bros. Discovery, Inc. (formerly Discovery, Inc.) is a media and entertainment conglomerate that operates in two areas: – Operating and broadcasting television channels in the United States (62.8% of net revenue): Owned at the end of 2021 the group has 18 channels for living, decoration, cooking and lifestyle (Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science Channel, MotorTrend, DIY Network, Cooking Channel, Great American Country, OWN, etc.). The group also develops and operates websites linked to the names of TV channels or independent websites (Food.com, FrontDoor.com, etc.); – the broadcast of international TV channels (37.2%). According to sources of income, net sales are divided into sales of advertising space (51%), content and audiovisual rights (44.4%) and other (4.6%). The United States accounts for 63.4% of net sales.

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