Stock Of The Day: Warner Bros. Bounces From Support As NBA Agreement Finalized
WBDWarner Bros. Discovery(WBD) Benzinga·2024-11-19 02:11

Shares of Warner Bros. Discovery, Inc. WBD are trading higher Monday. The company said it has reached a deal with the National Basketball Association. The agreement will extend the media partnership for an additional 11 years. Warner Bros also said that it has resolved all recent disputes related to the NBA's media agreement.This development has made Warner Bros. our Stock of the Day.Warner Bros sued the NBA in July. This occurred after the league gave broadcast rights to Comcast Corporation CMCSA, ESPN, an ...