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 the company’s inability to hold onto its NBA contract, which prompted Warner Bros. Discovery to take a $9-billion write-down in the value of its basic cable networks, including TNT, which had carried NBA games since 1989.
Comcast’s Sky, Warner Bros. Discovery Settle ‘Harry Potter’ Series Lawsuit Over Denied Partnership
Both companies have agreed to "the dismissal with prejudice of all claims in the action" in a new court filing The post Comcast’s Sky, Warner Bros. Discovery Settle ‘Harry Potter’ Series Lawsuit Over Denied Partnership appeared first on TheWrap.
NEW YORK, NY / ACCESSWIRE / December 10, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to ...
Warner Bros. Discovery and CEO David Zaslav were sued Monday by investors who experienced "significant losses and damages" ...
A shareholder has sued Warner Bros Discovery, the soon-to-be former ... Richard Collura filed the suit in New York federal court seeking class action status on behalf of shareholders who ...
NEW YORK, NY / ACCESSWIRE / December 9, 2024 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to ...
The deal also allows Warner Bros. Discovery to license, create and distribute new and existing NBA content across its media assets and includes live game rights in the Nordic countries ...
By Winston Cho Warner ... Bros. Discovery has been sued by investors who claim that the media conglomerate lied about potential fallout from its loss of NBA rights. A proposed class action, ...
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