In a recent development, Warner Bros Discovery’s (NASDAQ:WBD) sports network, TNT Sports, has declared its intention to match one of the three bids for the broadcast rights of National Basketball Association games.
Upon being informed about the finalized deals by the league, Warner’s sports unit was given a five-day window to decide whether to match one of the bids.
“We have reviewed the offers and matched one of them,” TNT stated.
“This will allow fans to keep enjoying our unparalleled coverage.”
Price Action: During Tuesday’s pre-market, Warner Bros. Discovery was trading 1.38% lower than its Monday close of $8.480 while Amazon was trading 0.32% lower than its previous close of $182.90, according to Benzinga Pro.
Read Next:
NBA by Shaheerrr via Shutterstock
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
