Warner Bros. Discovery
Warner Bros. Discovery out of picture for Danish Superliga rights
The Danish Superliga will not be on the screens of channels owned by Warner Bros. Discovery in Denmark from 2024-25, after the incumbent rights-holder did not submit a bid by the May 10 deadline
WBD Sports once again turns to London for Track Champions League
London has today (Wednesday) been named as the host city for the grand finale of the 2023 International Cycling Union’s (UCI’s) Track Champions League.
D2C unit in the black but Warner Bros. Discovery posts $1bn Q1 loss
Warner Bros. Discovery Inc today (Friday) posted a first-quarter loss exceeding $1bn (€910m), largely tied to its 2022 mega merger, but did announce a surprise profit for its streaming business.
BBC sets snooker streaming record at historic World Championship
The BBC, the UK public-service broadcaster, set a new streaming record for its coverage at this year's Cazoo World Snooker Championship
NBA, NHL Playoff first rounds enjoy viewership spikes
The first rounds of the National Basketball Association and National Hockey League playoffs have drawn major increases in viewership on Warner Bros. Discovery and Disney-owned platforms ESPN and ABC
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.
Hershey extends sponsorship deal with NCAA
The Hershey Company has extended its sponsorship deal with the National Collegiate Athletic Association (NCAA) for another six years, retaining its role as the organization's official confectionary partner
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
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.