Warner Bros Discovery Sued For Misleading Investors On NBA Before Losing It
A shareholder sued Warner Bros. Discovery for misleading investors on the impact of losing its long-standing rights deal with the NBA.
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.
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,
WBD Target of Investor Lawsuit Over Loss of NBA Rights
WBD sued the NBA in July after failing to retain broadcast rights. The post WBD Target of Investor Lawsuit Over Loss of NBA Rights appeared first on Front Office Sports.
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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Shareholder sues WBD over lapsed NBA television deal
A shareholder says WBD executives weren't fully forthcoming on the risk of losing NBA television rights to Comcast and Amazon ...
Inside Paramount’s Search for a Buyer: Apollo’s Letters, Redstone’s Rejections and ‘Party F’
Apollo tried seven times to gain a foothold in the bidding but ultimately lost out to Skydance's $8 billion deal, an SEC ...
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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
Warner Bros Discovery has a new content chief in the Nordics. Former MultiChoice and Viacom exec Allan Sperling has been ...
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 ...
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 ...
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 ...
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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 ...
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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 ...
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 ...