NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion | Reuters
In a groundbreaking move, the NBA has just struck an 11-year deal valued at a staggering $77 billion with Disney, NBCUniversal, and Amazon. This monumental agreement marks a significant shift in sports broadcasting, as the NBA will now offer a whopping 75 regular-season games on broadcast TV each season, a major increase from the previous minimum of 15. This partnership is set to boost the visibility and accessibility of NBA games globally, transforming how fans engage with the sport.
Warner Bros Discovery’s TNT Sports, a long-time partner with the NBA, was left out of the deal. Despite a last-minute offer, the NBA chose to go with Amazon’s proposal, ending a four-decade relationship with Warner. This decision has raised eyebrows, with Warner’s sports division hinting at potential legal action, although such a move could risk damaging future relationships with other sports leagues.
The deal is not just a win for the NBA but also a testament to the massive financial stakes involved in securing sports broadcasting rights. Analysts emphasize that these rights come with hefty costs, including production fees. For Disney, NBCUniversal, and Amazon, this is more than just a financial commitment; it’s about expanding their reach and influence in the competitive world of sports media.
Disney will continue to broadcast NBA Finals on ABC and cover 80 regular-season games. NBCUniversal will show 100 regular-season games, including some on NBC and streaming via Peacock, while Amazon will broadcast 66 regular-season games on Prime Video, including special events like Black Friday games. This diversified distribution is poised to enhance the fan experience by providing more accessible and varied viewing options.
The Women’s National Basketball Association has also renewed its partnerships with Disney and Amazon and added NBCUniversal to its roster, expanding the reach of women’s basketball games. This aligns with the growing trend of integrating sports with streaming services to cater to an evolving audience base………..[read more]
Rising Dough
How do you think the increasing integration of streaming services with sports broadcasting will impact the way consumers choose to watch their favorite sports? Will this shift influence how traditional TV networks compete for sports rights, and how might it affect the overall economy of sports media?
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I think it will give people more of an opportunity to get their money out of those apps.