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.
Warner Bros. Misled Investors Over Risk of NBA Deal, Suit Says
Warner Bros. Discovery Inc. and top executives violated federal securities law by failing to disclose to investors the risks accompanying rights renewal negotiations with third-parties, including the NBA,
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 Sued For Misleading Investors On NBA Before Losing It
A shareholder has sued Warner Bros. Discovery, the soon-to-be former home of the NBA, for violating securities law by misleading investors on the impact of losing its long-standing rights deal with the league.
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 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.
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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 ...
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 ...
Charles Barkley Found Out About ESPN’s ‘Inside the NBA’ Deal From the Internet
1. Charles Barkley will remain a Warner Bros. Discovery employee even after TNT loses the NBA following this season thanks to the deal that will see WBD license Inside the NBA to ESPN beginning in the ...
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 ...
Could Charles Barkley And Stephen A. Smith Co-Anchor A Show After Inside The NBA/ESPN Deal? Insiders Are Weighing In On Alt-Casts
I'm not sure we could handle Barkley and Smith together. After cancellation reports swirled around Inside the NBA, the ...
Wall Street welcomes WBD's decision to end dispute with NBA positively
Wall Street analysts are mostly positive after Warner Bros. Discovery (NASDAQ:WBD) settled its legal disputes with the ...
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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 ...
NBA settles with WBD as it prepares to stream games on Amazon in 2025
The NBA has reached an 11-year agreement with Warner Bros. Discovery that will continue the development of content like ...
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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’s Streaming Revenue Comes Largely From Max as Cable Assets Remain Key to DTC Strategy | Charts
Parrot Analytics modeling estimates that Discovery+ only accounts for 12% of the revenue for WBD's direct-to-consumer segment ...