NBA Entered Into a Long-term Arrangement with Amazon (AMZN)

NBA Entered Into a Long-term Arrangement with Amazon (NASDAQ: AMZN).

From NBA's Statement: "Warner Bros. Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer and, therefore, we have entered into a long-term arrangement with Amazon."

• “Throughout these negotiations, our primary objective has been to maximize the reach and accessibility of our games for our fans."
• “Our new arrangement with Amazon supports this goal by complementing the broadcast, cable and streaming packages that are already part of our new Disney and NBCUniversal arrangements. All three partners have also committed substantial resources to promote the league and enhance the fan experience."
• “We are grateful to Turner Sports for its award-winning coverage of the NBA and look forward to another season of the NBA on TNT.”

You May Also Be Interested In

• Starbucks designates Val Bauduin as principal accounting officer
• M3-Brigade cancels shareholder meeting after terminating ReserveOne deal
• Independence Realty Trust (IRT) files mixed shelf