NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion

Quick Summary:

:Walt Disney's ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in an 11-year deal valued at $77 billion, the league said on Wednesday.

"Our streaming base is becoming larger than a lot of cable networks in the U.S.," said Mike Hopkins, head of Prime Video and Amazon MGM Studios.

The deal represents a blow to Warner's sports division, adding to investor concerns about its role in the new sports-streaming partnership with Disney and Fox.

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Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Sports Regular-season Rights Nbcuniversal Season Carry Disney League Deal Games Amazon

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 04:40:14 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 654 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21766594

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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