Warner Bros. Discovery and the NBA settle their dispute over broadcasting rights, according to the WSJ – 11/17/2024 at 03:18
((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto)) Warner Bros. Discovery WBD.O has settled its breach of contract lawsuit against the National Basketball Association, the Wall Street Journal reported Saturday, citing people familiar with the matter. The deal will keep the media company connected to the league for the next decade, according to the report, […]
Netflix hopes for a live sporting knockout with the Paul-Tyson fight – 11/15/2024 at 01:47
(Automated translation by Reuters, please see disclaimer by Amy Tennery and Dawn Chmielewski The clash between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul, which takes place on Friday, is the latest one-two punch from Netflix, with the media giant hoping to cash in on sports’ push to streaming. The intergenerational clash […]
Diamond Sports cleared to emerge from bankruptcy after new agreements with MLB – 11/14/2024 at 8:04 p.m.
((Automated translation by Reuters, please see disclaimer by Dietrich Knauth Diamond Sports Group received court approval Thursday for a bankruptcy restructuring that will rebrand its television channels, reduce nearly $9 billion in debt and renegotiate broadcast contracts with six Major League Baseball teams. Bankruptcy Judge Chris Lopez approved the restructuring after MLB dropped an objection […]
NFL Super Bowl 2025: All the facts you need to know – 11/12/2024 at 12:00 p.m.
((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto)) Now that the NFL season is past its halfway mark, fans are weighing their team’s chances of qualifying for the Super Bowl, arguably America’s most important sporting event, which enjoys considerable global audience. Here’s everything you need to know about Super Bowl LIX, including which artists will […]
Paramount’s revenue is missing as cable and studio declines reduce streaming gains – 11/08/2024 at 4:25 p.m.
((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto)) (Adds action development in paragraph 2, executive comment in paragraph 5) Paramount Global PARA.O missed quarterly revenue estimates on Friday, as weakness in the media giant’s studio and cable businesses outweighed strong subscriber growth for its streaming service following the return of the NFL. Its shares fell […]