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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
Former Fox News and NBC News host Megyn Kelly will be one of the debate moderators. Photo: Charles Sykes/Associated PressThe next Republican presidential primary debate will give the two-year-old cable-news upstart NewsNation a chance to introduce itself to a wider audience. Launched in 2021 as a fully fledged news network, NewsNation has struggled to make a mark in the crowded cable-news landscape, trailing behind the more established brands despite high-profile hires such as former CNN host Chris Cuomo. Adding to its challenges, the overall audience for cable TV keeps shrinking every year amid cord-cutting.
Persons: Megyn Kelly, Charles Sykes, NewsNation, Chris Cuomo Organizations: Fox News, NBC, Associated, Republican, CNN
The suit names Justin Wells, Fox News and its parent, Fox Corp., as defendants. Photo: Ted Shaffrey/Associated PressA top producer for Tucker Carlson who is helping build his new media company has been accused of sexually assaulting a former Fox News staffer when they both worked at the network 15 years ago. In a lawsuit, former Fox News staffer Andrew Delancey said Fox News then-producer Justin Wells invited him to come to his apartment before they were to join other people at a nearby bar. The alleged incident took place in late 2008, shortly after Delancey joined the network’s New York office, the suit said.
Persons: Justin Wells, Ted Shaffrey, Tucker Carlson, Andrew Delancey, Delancey Organizations: Fox News, Fox Corp Locations: York
Sean Hannity hopes that Thursday’s event will be the first of a series of debates between leading Republicans and Democrats. Photo: Terry Wyatt/Getty ImagesThey aren’t running against each other. Still, Ron DeSantis and Gavin Newsom will take their fiery feud to Fox News this week in a debate moderated by Sean Hannity , offering up a head-to-head that stretches the boundaries of traditional political programming. After trading barbs in the media for more than a year over issues from Covid-era restrictions to immigration, DeSantis, the governor of Florida, and Newsom, his California counterpart, are scheduled to face off for 90 minutes on Thursday in Georgia.
Persons: Sean Hannity, Terry Wyatt, Ron DeSantis, Gavin Newsom, Newsom Organizations: Fox News Locations: Covid, Florida, California, Georgia
Isabella SimonettiIsabella Simonetti is a reporter covering the business of television and streaming as part of The Wall Street Journal's media and marketing bureau in New York. She joined the Journal from the New York Times where she was the David Carr Fellow in Business Reporting. At the Times, Isabella covered breaking business and economics news and wrote a number of enterprise stories on topics ranging from media to personal finance. Previously, Isabella was a media reporter at the New York Observer. Isabella is originally from New York City and is a graduate of the University of Pennsylvania.
Persons: Isabella Simonetti Isabella Simonetti, David Carr, Isabella Organizations: New York Times, Times, New York Observer, University of Pennsylvania Locations: New York, New York City
Peyton Manning and LeBron James are in talks to create a show that would follow professional basketball players. Photo: Getty Images (2)Two of the biggest legends in sports, LeBron James and Peyton Manning , are looking to join forces in the entertainment world. James’s entertainment company, SpringHill Company, is in talks with Manning’s Omaha Productions to create a show—modeled on the hit Netflix series “Quarterback”—that would follow the lives of professional basketball players, according to people familiar with the situation.
Persons: Peyton Manning, LeBron James, ” — Organizations: SpringHill Company, Manning’s Omaha Productions
The NBA wants to secure a big increase in media-rights fees—to help pay its star players—but its biggest TV partners aren’t looking to pony up big spending increases. Photo: Rocky Widner/NBAE/Getty Images)The stars of the National Basketball Association are taking to the court as a new season begins next week. Behind the scenes, the league has started talks to secure the billions of dollars in media-rights fees that will help pay their huge salaries. As the NBA enters its first media negotiations in a decade, its biggest partners, Disney ’s ESPN and Warner Bros. Discovery ’s TNT—which together pay about $2.6 billion a year— aren’t looking to pony up big spending increases.
Persons: Rocky Organizations: NBA, National Basketball Association, Disney ’, ESPN, Warner Bros, TNT
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Persons: Dow Jones, 8c61c450 Organizations: cnn
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones Organizations: espn
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Persons: Dow Jones, 765c18c7 Organizations: cnn
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Persons: Dow Jones Organizations: cnn
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Persons: Dow Jones, carlson
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Persons: Dow Jones Organizations: warner, cnn
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Persons: Dow Jones, donald
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Persons: Dow Jones Organizations: espn
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Persons: Dow Jones, tucker
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Persons: Dow Jones, jesse, watters, tucker, carlson
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Persons: Dow Jones, greg
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Persons: Dow Jones, a1d3bc5a
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Persons: Dow Jones, 4aff1be4 Organizations: netflix
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Persons: Dow Jones Organizations: cnn
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