Warner Bros. Discovery writes down value of TV assets by $9B
Warner Bros. Discovery said on Wednesday it was writing down the value of its television assets due to uncertainty about fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in after-hours trading. The film and entertainment studio, which owns sports network TNT and streaming service Max, took a […]
Mutilated body found burning in shopping cart leads to gruesome discovery in Bronx kitchen, police say
According to a source close to the investigation, human remains that had been set on fire and at least partially dismembered were found inside a shopping cart in Yonkers, New York, on Monday morning. That led investigators to the gruesome scene at a Bronx kitchen, authorities said. “We want to make sure we’re doing everything […]
Paris Olympics deal hands Discovery+ gold in UK TV streaming race | Television industry
Discovery+ has become the UK’s fastest-growing paid streaming service, with the nearly £1 billion deal its parent company spent to wrest Olympic rights from the BBC appearing to be paying off. Six years ago, Warner Bros. Discovery (WBD), which runs the Discovery+ streaming service in the UK and the Max streaming service across Europe as […]
Patriots star Christian Barmore out indefinitely after trainer’s discovery leads to blood clot diagnosis
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Warner Bros. Discovery sues NBA over matching rights clause
As expected, billable hours will be a big money maker in the new NBA rights deal. TNT’s parent company, Warner Bros. Discovery (WBD), sued the NBA over matching rights clauses in a previous television contract after the NBA indicated its intention to end its decades-long partnership with TNT. The lawsuit was filed Friday in New […]
Warner Bros. Discovery to sue NBA after losing broadcast rights: report
Warner Bros. Discovery plans to sue the National Basketball Association in New York after the NBA rejected an even-bid for television rights, a person familiar with the matter said on Thursday. The NBA said Wednesday it rejected a proposal from Warner’s TNT Sports division, ending a 40-year partnership and signing new, 11-year, $77 billion deals […]
NBA rejects Warner Bros. Discovery media rights bid; TNT broadcasts to likely cease after next season
The NBA’s television rights situation has become a hot topic due in part to the popularity of “Inside the NBA,” a long-running studio show featuring Ernie Johnson and former NBA great Charles Barkley. Shaquille O’Neal And Kenny Smith. Despite being one of the league’s media partners for the past few decades, TNT’s parent company Warner […]
Scientists Make Groundbreaking Discovery Of ‘Dark Oxygen’
Scientists published a study on Monday in which they claim to have found groundbreaking evidence of the creation of “dark oxygen.” Professor Andrew Sweetman leads the Seafloor Ecology and Biogeochemistry Research Group at the Scottish Association for Marine Science (SAMS). studyThe researchers discovered deep-sea oxygen production (or “dark oxygen”) from metal nodules in the Pacific […]
WarnerBros. Discovery makes last-ditch effort for NBA rights
Warner Bros. Discovery (WBD) is making a final push to secure the next round of NBA rights and maintain its position as the primary broadcaster of the league’s games. in statement On Monday, WBD-owned Turner Sports said the NBA “has notified us of its intention to accept other offers for the games included in the […]
Scientists Make Unprecedented Discovery On Mars By Accident
NASA scientists expressed that they were “stunned” after their Mars Curiosity rover cracked open a rock that was found to contain pure sulfur crystals, a NASA press release read Thursday. The Curiosity rover’s social media account tweeted that the “pure sulfur … doesn’t smell” and the discovery of elemental sulfur “is something we’ve never seen […]