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Stock impact report

Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games [MSNBC.com]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: MSNBC.com
In a move to strengthen its sports offerings,Warner Bros. DiscoveryDisney’sWarner Bros. Discovery’s TNT will carry two first-round games this year and next year and will add two additional quarterfinals games starting in 2026. Disney also has an option to sublicense a semifinals game to Warner Bros. Discovery starting with the third year of the deal if it chooses, according to people familiar with the matter.Disney will keep exclusivity on the championship game throughout the terms of the contract, which runs through 2031, said the people, who asked not to be named because the details are private. Disneyis payingThe new 12-team College Football Playoff slate debuts in December, replacing a four-team tournament that began in 2014. Under the new format, the top four teams get byes while teams seeded No. 5 through No. 12 play first-round games at the home stadium of the higher-ranked team.ESPN will produce the games and primarily use ESPN talent for the broadcasts, which will be TNT bran Show less Read more
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