The National Basketball Association (NBA) has officially rejected Warner Bros. Discovery's (WBD) bid to keep streaming NBA games on its TNT platform. Tim...
) bid to keep streaming NBA games on its TNT platform. Tim Nollen , Macquarie U.S. equity research senior media tech analyst joins Market Domination to shares his thoughts on this development.
The league rejected Warner Brothers Discovery's efforts to match Amazon's bid for a package of games.It's great to see it's him. Um Warner Brothers Discovery has in my opinion, an excellent lineup of deep quality, you know, Warner Brothers studio HBO Discovery, you know, all sorts of, of programming content and sports.
But to me, it was an essential property to retain, to keep to go or for the next 11 years and not having it is a major blow, I'd say to advertising and the subscription fees and, and Tim, I'm just curious, I take your argument but, you know, you look at this stock, Tim and it is already, it's taken such a hit, it's down about 30% already this year, Tim.
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