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Stock impact report

NBA TV Rights Deal Targets $76 Billion Payout – 3X the Current Pact [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
So far, the league has agreed to deals with the Walt Disney Company and Amazon; the Disney deal is reportedly worth $2.6 billion and year, and the Amazon deal is reportedly worth $1.8 billion annually. Though neither deal has yet to be signed and the specifics of each are being ironed out, its seems likely they will move forward. That leaves room for a third competitor in this live sports race. Currently, the final package is between Warner Bros. Discovery and Comcast. On Monday , Comcast's NBCUniversal prepared a $2.5 billion a year bid to take the NBA away from TNT, which is owned by Warner Bros. Discovery. These three deals would lead to the league taking home nearly $7 billion annually. Representatives for the NBA, Amazon, Warner Bros. Discovery and Comcast didn't immediately respond to TheWrap's request for comment. Disney declined to comment for this story. As for what these various packages may look like, it's been reported that Amazon's Prime Video streamer would includ Show less Read more
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