Investors slam Warner Bros. Discovery with lawsuit over loss of NBA deal
A lawsuit filed this week in New York federal court alleges that shareholders suffered “significant losses and damages” over ...
Warner Bros. Discovery Investors Sue Over 'Significant Losses and Damages' Caused by NBA Rights Fallout
Warner Bros. Discovery and CEO David Zaslav were sued Monday by investors who experienced "significant losses and damages" ...
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 ...
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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Warner Bros. Discovery faces lawsuit from shareholders over loss of NBA
Plaintiffs in the suit say the company intentionally misled them about the harm that the departure of the NBA would have.
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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 ...
Disney And Warner Bros. Discovery's Unexpected Deal Shifts Media Landscape
A surprising deal between WBD, Disney, and the NBA has resolved the recent bidding rights controversy and benefited investors ...
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Warner Bros. Accused of Misleading Investors on NBA Talks
Collura stressed that TNT Sports, a division of Warner Bros. Discovery, relied on basketball programming and its sports rights agreements with the NBA to drive ratings and revenue for decades.