Nov 16 (Reuters) - Warner Bros Discovery ( WBD ) has settled its breach of contract lawsuit against the National Basketball Association, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

The agreement will keep the media company in business with the league for the next decade, the report said, adding that the deal is set to be announced early next week. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Lincoln Feast.)