Warner Bros Discovery Sued For Misleading Investors On NBA Before Losing It
Richard Collura filed the suit in New York federal court seeking class action status on behalf of shareholders who purchased WBD stock between February 23-August 7, 2024, which is when the media giant took a massive $9.1 billion write-down at its networks ...
Investors sue Warner Bros. Discovery over misleading and downplaying over loss of NBA rights, here's why
Warner Bros. Discovery (WBD) is facing a class action lawsuit filed by investors who claim the media conglomerate misled them about the financial impact of losing its NBA broadcasting rights.
Warner Bros. Discovery Investors Sue Over ‘Significant Losses and Damages’ Caused by NBA Rights Fallout
The suit filed Monday is on behalf of all shareholders who acquired WBD securities between Feb. 23 and Aug. 7.
WBD Investors Have Opportunity to Lead Warner Bros. Discovery, Inc. Securities Fraud Lawsuit with the Schall Law Firm
WBD Investors Have Opportunity to Lead Warner Bros. Discovery, Inc. Securities Fraud Lawsuit with the Schall Law Firm
What’s Driving Warner Bros Discovery Inc (WBD) Stock’s 22.28% Surge Over the Past Month?
Wolfe Research has recently raised Warner Bros Discovery Inc (WBD) stock to Peer Perform rating, as announced on November 11, 2024, according to Finviz. Earlier, on August 13, 2024, Bernstein had reduced the stock from a Outperform to Mkt Perform,
Investors slam Warner Bros. Discovery with lawsuit over loss of NBA deal
Investors are calling foul over Warner Bros. Discovery's loss of its NBA media rights deal. A lawsuit filed this week in New York federal court alleges that shareholders suffered "significant losses and damages” over the company's inability to hold onto its NBA contract,
Warner Bros. Discovery Hit With Investor Lawsuit Over Loss of NBA Rights
The lawsuit points to the company recording a $9.1 billion goodwill impairment charge related to the depreciation of its TV networks.
WBD to settle NBA broadcast rights suit, move ‘Inside the NBA’ to ESPN and ABC
Warner Bros. Discovery will settle its lawsuit against the NBA and announce it has struck a deal with Disney to exclusively ...
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Shaquille O’Neal’s WBD Contract Sparks Speculation About His ‘Inside the NBA’ Future
Shaquille O’Neal’s contract with WBD will expire after the 2024-25 NBA season, leaving uncertainty about his future with ...
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WBD Nordics appoints Sperling in GVP role
Nordics has appointed Allan Sperling as the new Group Vice President, Programming, Networks & Streaming for the Nordic region ...
WBD Announces Rights Deal for Inside the NBA, Bleacher Report and House of Highlights
The NBA and Warner Bros. Discovery announced Monday an agreement on an 11-year deal that includes broadcasting rights for ...
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NBA and WBD settlement saves Inside the NBA, includes global broadcast rights
Warner Bros Discovery (WBD) has reportedly settled its breach of contract lawsuit with the National Basketball Association ...
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UBS: Warner Bros. Discovery (WBD) Is A Bottom-Ranked Quant Stock
In this piece, we will look at where Warner Bros. Discovery, Inc. (NASDAQ:WBD) ranks on the list of UBS' bottom quant ...
NBA, WBD extend broadcast partnership for 11 years
Warner Bros. Discovery (WBD) and the NBA have reached an agreement on the league's broadcast rights, extending their ...
Warner Bros Discovery Eyes Scripted Push After Hiring Ex-Showmax Exec As Nordics Content Chief
Former MultiChoice and Viacom exec Allan Sperling has been named Group Vice President, Programming, Networks and Streaming ...