01:11 PM EDT, 05/23/2024 (MT Newswires) -- Warner Bros. Discovery ( WBD ) is focusing on matching Amazon.com's ( AMZN ) potential offer for rights to National Basketball Association games, rather than a bid by Comcast's ( CMCSA ) NBCUniversal, CNBC reported Thursday, citing people familiar with the matter.

Warner Bros. Discovery ( WBD ) is weighing options to partner with the NBA on a broadcast package with the league close to signing deals with Walt Disney ( DIS ) , NBCUniversal and Amazon ( AMZN ) for different packages, the report said.

Warner Bros. Discovery ( WBD ) Chief Executive Officer David Zaslav has the option to exercise rights that allows the company to match a competing bid for games currently licensed and aired on TNT, the report said.

Amazon ( AMZN ) reportedly offered the NBA $1.8 billion, and NBCUniversal bid $2.5 billion for separate game packages, the report said.

Spokespeople for the NBA, Warner Bros. Discovery ( WBD ) and NBCUniversal declined to comment, and Amazon ( AMZN ) didn't immediately return a request for comment, CNBC said.

Warner Bros. Discovery ( WBD ), Amazon ( AMZN ), Comcast ( CMCSA ) and the NBA did not immediately respond to MT Newswires' requests for comment.

Warner Bros. Discovery ( WBD ) shares fell 3.1% in recent trading Thursday. Amazon ( AMZN ) dropped 0.4%, and Comcast ( CMCSA ) declined 0.5%

(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.)

Price: 7.81, Change: -0.25, Percent Change: -3.10