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Market Chatter: NBA's Exclusive Media Rights Negotiating Window Likely to Expire Without Deal
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Market Chatter: NBA's Exclusive Media Rights Negotiating Window Likely to Expire Without Deal
Apr 18, 2024 1:24 PM

04:11 PM EDT, 04/18/2024 (MT Newswires) -- The National Basketball Association's exclusive negotiating window for a new media rights deal with Walt Disney ( DIS ) and Warner Bros. Discovery ( WBD ) is expected to expire Monday without a new accord, agreement, CNBC reported Thursday, citing people familiar with the matter.

"We continue to have productive discussions with Disney ( DIS ) and Warner Bros. Discovery ( WBD ) on a renewal of our media deals," a league spokesperson said in a statement to CNBC.

Disney ( DIS ) and Warner declined to comment, CNBC reported.

The NBA, Disney ( DIS ) and Warner did not immediately respond to requests for comment by MT Newswires.

Amazon.com ( AMZN ) , Apple ( AAPL ) , Alphabet (GOOG, GOOGL) unit Google's ( GOOG ) Youtube TV, Comcast's ( CMCSA ) NBCUniversal/Peacock and Netflix ( NFLX ) had initial talks with the NBA expressing potential interest, CNBC reported last year.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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