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The Latest Breaking News from WBD

Warner Bros To Pay $8.5 Billion for Nevada Studio … Under One Condition

The roughly $500 million annual commitment depends on the outcome of a state Senate proposal

Multichannel News

DirecTV Programming Chief: The Venu Sports Guys 'Got Caught With Their Hands in The Cookie Jar in a Big Way'

With a federal court ruling casting a harsh light on practices including bloated network bundles and forced minimum penetration, Rob Thun touts a plan for a 'brighter TV future'

Broadcasting & Cable

ESPN Price Per Subscriber Still $9.42

Fubo's antitrust suit against Venu Sports also details how the JV came together

Broadcasting & Cable

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Is Warner Bros. Discovery's Financial Health Really 'Better Than It Appears'?

Also in this week's 'Next Text,' we kick the tires on Venu Sports' future, whether 'home entertainment' still exists ... and those who would doubt Caleb Williams

Broadcasting & Cable

WBD vs. GOGO Hit 52-Week Lows: Which is the Better Buy?

Warner Bros. Discovery hit its 35th 52-week low on Tuesday. Gogo hit its 32nd of the past 12 months. The former also hit its 32nd 2-year low, while the latter had its 43rd 2-year low. While they’re both troubled companies, one is a better buy than the other. Here’s why.

Barchart

WBD Reports Record European Streaming and TV Viewing for Paris Olympics

7B minutes of coverage was viewed in Europe during the games as Max added a record number of new subscribers

TV Tech

Parsing Linear TV's Massive $15 Billion Correction

Also in this week's 'Next Text,' we check in on Elon Musk's $44 billion propaganda machine, and we process all we loved (and loathed) about The Olympics

Broadcasting & Cable

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FCC Grants TNT, TBS a Limited Waiver of Audio Description Rules

The petition was unopposed and the American Council for the Blind and the National Federation of the Blind consented to the waiver, the FCC said

TV Tech

Warner Stock Plunges to All-Time Low Following $9 Billion Q2 Write-Down

After losing the NBA and swinging back to a quarterly loss on streaming, investor optimism begins to fade

Multichannel News

Warner Bros Discovery Adds 3.6M Streaming Subs, Writes Down Value of Its Cable Nets by $9.1B

WBD stock slumped after announcing major write downs and reporting reduced revenue for both networks and streaming

TV Tech

‘Traditional TV is dying’: can networks pivot and survive?

Warner Bros Discovery this week wrote down $9bn as it – and others – play catch-up with streaming and video services

The Guardian - UK

Let’s Celebrate Lee Corso on His 89th Birthday

Never forget that Lee Corso gave us one of the great f-bombs in sports TV history.

Sports Illustrated

TNT's 'Inside the NBA' Could Be Rebranded Once NBA Deal Is Up, per Report

Turner Sports is getting creative with its post-NBA sports coverage.

Sports Illustrated

Charles Barkley Doesn’t Know Why Warner Brothers Discovery Sued NBA, Says Adam Silver Won’t Lose Lawsuit

Barkley on NBA dumping TNT: “Hey, they want to break up with us. I don’t want no woman who I gotta sue to say, ‘Hey, you got to stay with me.’”

Sports Illustrated

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Sports Illustrated

Charles Barkley To Remain At TNT, Not Retiring

Charles Barkley will not be joining ESPN, NBC or Amazon.

The Guardian - UK

Paris Olympics deal hands Discovery+ gold in UK TV streaming race

Subscriber growth booms for US pay-TV firm after move to grab European broadcast rights from BBC

Sports Illustrated

Joe Buck Trying to Explain New NFL Kickoff Rules Made for Amusing Television

Buck’s valiant effort to explain the new kickoff rules didn’t make them any less confusing.

Sports Illustrated

Puck's John Ourand on NBA vs. WBD and the Charles Barkley Sweepstakes

Puck's John Ourand surveys the state of play.

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news in one place.

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Golf Monthly

Why The BBC Is Not Showing Much Of The Olympic Golf On TV

British golf fans are wondering why the Olympic competition is not being shown much on the BBC, and there's a simple answer

Barchart

What Are Wall Street Analysts' Target Price for Warner Bros. Discovery Stock?

Although Warner Bros. Discovery has lagged behind the broader market over the past year, Wall Street analysts hold a cautiously optimistic view of the stock's potential.

Broadcasting & Cable

Legal Precedent Favors the NBA in Wrestling Match Against Warner Bros. Discovery

Two decades ago, Barry Diller and his USA Networks failed in their quest to bring back Vince McMahon's erstwhile WWF with a very similar lawsuit

TV Tech

Max Drives WBD Olympics Viewing to Record Levels in Europe

After day two, European audiences had viewed more than 1B minutes and streaming audience numbers were already higher than those for the whole of Tokyo Olympics

Broadcasting & Cable

Why It’s ‘Stupid’ for David Zaslav to Chase an NBA Package So Specifically Designed for Amazon

Also in this week’s ‘Next Text,’ we ponder Pete Rose’s next sports bet, the irresistible proposition of fixed wireless ... and a bleak but terrifyingly possible future in which we don’t get to vote anymore

The Independent UK

Parent company of TNT sues NBA for not accepting its matching offer

Warner Bros. Discovery has sued the NBA after the league did not accept the company’s matching offer for one of the packages in its upcoming 11-year media rights deal.

Sports Illustrated

TNT Releases Statement Announcing Legal Action to 'Enforce' NBA Broadcasting Rights

The NBA awarded Warner Bros. Discovery's share of the league's broadcast rights to Amazon, and the legal fight is on.

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