Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees.
TNT has built a programming slate around the NBA games, most notably the highly rated ”Inside the NBA” show.
Losing the rights to NBA games could throw aspects of that business partnership into question.
Since WBD first began trading on Wall Street in April 2022, the stock has lost roughly 70% of its value.
And for Zaslav, whose company is struggling on Wall Street, the battle could not come at a more inopportune time.
Persons:
New York CNN — David Zaslav, “, WBD, —, Joe Flint, Amol Sharma, Isabella Simonetti —, Charles Barkley, Andrew Marchand, Warner, That’s, NBCU’s, I’m, Zaslav, Gunnar Wiedenfels, Wiedenfels ’, Bob Iger, David Ellison’s, ”
Organizations:
New York CNN, Warner Bros, NBA, CNN, Industry, WBD, TNT, The Athletic, New York Post, NCAA, MLB, NHL, NASCAR, Disney, Fox Corporation, Netflix, Paramount Global, Wall
Locations:
New York