NBA rejects Warner Bros Discovery's $1.8bn offer for media rights due to "poison pill" clause disagreement.

NBA moves forward with Disney/Comcast/Amazon deal, as Warner Bros. Discovery (WBD) faces potential loss of NBA broadcasting rights. WBD attempted to match Amazon's $1.8bn offer for the NBA's media rights, but faced a "poison pill" clause requiring the first three years' payments to be placed in escrow. NBA claims WBD sought to alter this clause, leading to the current legal dispute.

7 months ago
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