Warner Bros. Discovery has settled its breach of contract lawsuit against the National Basketball Association, an agreement that will keep the company in business with the league for at least the next decade,

Warner Bros Discovery has resolved its breach of contract lawsuit against the NBA, securing rights to NBA content for the next decade. This settlement avoids a prolonged court battle, and Warner Bros Discovery has also licensed 'Inside the NBA' to ESPN and ABC for the upcoming season.

Warner Bros. Discovery shows promise despite revenue declines and debt concerns, with strong content revenues and growth in streaming. See more on WBD here.

Warner Bros. Discovery ( WBD) will report third quarter earnings before the bell on Thursday as the media giant struggles with a declining linear TV business, an unfavorable ad market, and the loss of its key NBA media rights.

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

Warner Bros. Discovery will stay on the court with the NBA in a new settlement that gives the media company a new chance to keep professional basketball in its overall lineup, even as it loses U.S. rights to traditional TV games to rivals.

The National Basketball Association and Warner Bros. Discovery are taking their court battle over B-ball TV rights out of the courts. While nothing has been filed yet in New York State court system, Adam Silver-led NBA and the David Zaslav-run WBD have reached a deal to end their months-long legal dispute,

Warner Bros. Discovery's legal battle with the NBA over the loss of its long-standing rights package has ended, and the resolution is as complicated as you'd expect. Per the Wall Street Journal, WBD settled its breach of contract lawsuit with an agreement that will keep it in business with the NBA for the next decade,