Warner Bros. Discovery
US Open nets steady sales in Europe and Italy after carve-out
The USTA and IMG have struck four deals for the US Open in Europe so far, though the jury will remain out on the decision to carve out the ‘big five’ markets until the sales process is complete.
WBD ‘building attack strategy’ for sports as unified ‘Max’ OTT service unveiled
As Warner Bros. Discovery announced the merger of its two streaming platforms, HBO Max and discovery+, into one offering the company will call Max, chief executive officer David Zaslav has said that it is "building an attack strategy" over the next few months for sports streaming in the US market.
WBD retains US Open rights in France in ‘long-term’ deal
Media conglomerate Warner Bros. Discovery has renewed its rights in France to the US Open tennis grand slam as part of a new “long-term” agreement with the United States Tennis Association.
Men’s March Madness viewership steady, women’s rises
Viewership of the men's NCAA Division I Basketball Tournament has been steady compared to the 2022 tournament's first two rounds on CBS and Warner Bros
Warner Bros. Discovery, CBS ‘virtually sold out’ of March Madness ad space
Warner Bros. Discovery and CBS Sports, which hold domestic broadcast rights to the National Collegiate Athletic Association's men's basketball March Madness tournament, have "virtually sold out" of their advertising inventory.
CBS Sports launches FAST soccer network, US Open Cup to stream on Bleacher Report
CBS Sports has announced a free 24-hour, soccer-specific streaming channel called CBS Sports Golazo Network
IOC retains value of European rights despite lack of competition
The bidding alliance formed by the EBU and WBD faced no pan-European competition from an agency alternative during the IOC's recent tender, prompting protracted negotiations over the fee and additional inventory to get a deal over the line.
MLB adds execs to local media group amid RSN worries for 17 teams
Major League Baseball has added three executives to its new local media department amid financial struggles for 17 teams' regional sports networks (RSN) at Bally Sports and AT&T SportsNet
Eurosport continues to showcase World Rally-Raid Championship
Media group Warner Bros. Discovery Sports Europe has agreed a broadcast rights deal with the fledgling World Rally-Raid Championship (W2RC)
Warner Bros. Discovery ‘planning to cut RSNs’
Warner Bros. Discovery Sports has told employees at its AT&T SportsNet channels that it plans to leave the regional sports network (RSN) business in the United States.
Warner Bros
Warner Bros. Discovery reports $2.1bn loss in Q4, total D2C subscribers hit 96m
Media group Warner Bros. Discovery reported a net loss of $2.1bn (€1.98bn) in the fourth quarter of 2022 despite generating $11bn in revenue over the period.
Eurosport and BT Sport channels to merge under TNT Sports brand
Warner Bros. Discovery Sports Europe president Andrew Georgiou said “simplification has to be the overriding objective” for the media conglomerate’s joint venture with telco BT after announcing the merger of the Eurosport and BT Sport pay-television channels under a single TNT Sports brand in the UK and Ireland.
Warner Bros. Discovery retains US Open rights in 45 European markets
Media conglomerate Warner Bros. Discovery has acquired rights to the US Open tennis grand slam in 45 markets across Europe as part of a new five-year agreement with the United States Tennis Association from 2023 to 2027.
Ex-Eurosport advertising lead Davies joins SRI in North American role
Jonathan Davies, previously the head of advertising partnerships across Europe for Eurosport and owner Discovery, has joined SRI, the sports executive recruitment firm, as its partner, media and entertainment,…
Servus takes advantage of low competition in grand slam renewals
Commercial broadcaster ServusTV secured renewals at flat fees for free-to-air rights in Austria to the Australian Open and French Open, after striking sublicensing deals with media conglomerate Warner Bros. Discovery.
LeBron James’ historic moment draws record engagement
Record numbers of viewers watched Los Angeles Lakers star LeBron James become the National Basketball Association's all-time leading scorer with 38,388 points and counting during the Lakers-Oklahoma City…
Eurosport moves for Ligue 1 rights in Spain
France’s Ligue 1 has a permanent home in the Spanish broadcast market once again after Eurosport acquired exclusive rights to all matches during the remainder of the 2022-23 season and the whole of the 2…
Warner Bros. Discovery retains MXGP rights to 2025
Infront Moto Racing, which manages the exclusive broadcast, marketing and promotional rights to the FIM Motocross World Championship, has signed a new three-year rights deal with Warner Bros