The deals would generate about US$76-billion in media revenue over 11 years, the Wall Street Journal reported on Wednesday
The National Basketball Association is closing in on media rights deals with Comcast-owned NBC , Disney’s ESPN , and Amazon.com that would generate about $76 billion in media revenue over 11 years, the Wall Street Journal reported on Wednesday.
The WSJ report said that NBC would pay an average of $2.5 billion a year to the NBA under the arrangement and show around 100 games per season, with about half airing exclusively on Comcast’s Peacock streaming service. Disney’s payments will average about $2.6 billion annually, more than the $1.5 billion it paid under the current deal, and will continue to air the NBA Finals though it will get fewer games under the new deal, the WSJ reported.
The Journal report said that Warner Bros Discovery can still match a rival package, while the NBA can create a new package for the company in the final stretch, but the options for the media company are limited.
Nba Package Rights Espn Company Wsj Nbc Turner Sports National Basketball Association WSJ
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shopify executive earned US$76-million in 2023, far outpacing CEO’s compensationKaz Nejatian arrived at Shopify in September, 2019, as a vice-president and general manager of Shopify Money
Read more »
NBA-Wembanyama named NBA's rookie of the year in unanimous voteExplore stories from Atlantic Canada.
Read more »
Pop culture and Paris: NBC bet on an Olympics about far more than sportsNetwork tries to bring Olympic stories to life with popular personalities and entertainers
Read more »
Shillan and Duffy: UFC on ESPN 57 PreviewKeith and Ben serve up a lean, mean preview of UFC on ESPN 57
Read more »
Shillan and Duffy: UFC on ESPN 57 PreviewKeith and Ben serve up a lean, mean preview of UFC on ESPN 57
Read more »
Masters champion Scottie Scheffler detained by police for traffic violation outside PGA ChampionshipESPN reported that Scheffler failed to follow police orders during a pedestrian fatality investigation
Read more »