Warner Bros. Discovery Stock Rose Friday.
Warner Bros. Discovery(WBD) Investopedia·2024-07-20 04:36
Warner Bros. Discovery (WBD) stock rose Friday, lifted by a a Financial Times report saying the company might separate its movie studio and Max streaming service from its legacy TV networks. Warner Bros. Discovery owns Turner Sports, which has broadcast "Inside the NBA" on TNT for over a decade. The NBA's media rights deal also includes games broadcast by Disney and Universal for a total $76 billion package over 11 years. WBNA games, also included in the package, make up about $2.2 billion of the total. Key ...