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NBA extends domestic rights deals – report

US network ABC and cable-television broadcaster Turner Broadcasting System have struck long-term media-rights extensions for the NBA basketball league, according to the Wall Street Journal newspaper.

The report said that the league has more than doubled its rights income through the deals, which will run for 10 years, from 2015-16 to 2024-25.

The existing agreements with ABC parent company Walt Disney and Turner owner Time Warner are worth about $485m (€357m) and $445m per year, respectively.

The report, which said that details of the new deals would be confirmed later today (Monday), added that the league plans to link up with US pay-television broadcaster ESPN to establish a new online video service that would show live regular-season games.