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TNT Parent Company Slammed with Lawsuit Over NBA Rights Fallout and $11.2B in Losses
Warner Bros. Discovery is finding itself in the kind of mess you wouldn’t wish on your worst enemy — unless, of course, you’re one of their shareholders.
Investors slam Warner Bros. Discovery with lawsuit over loss of NBA deal
Investors are calling foul over Warner Bros. Discovery's loss of its NBA media rights deal. A lawsuit filed this week in New York federal court alleges that shareholders suffered "significant losses and damages” over the company's inability to hold onto its NBA contract,
WBD Target of Investor Lawsuit Over Loss of NBA Rights
WBD sued the NBA in July after failing to retain broadcast rights. The post WBD Target of Investor Lawsuit Over Loss of NBA Rights appeared first on Front Office Sports.
Warner Bros. Discovery Investors Sue Over 'Significant Losses and Damages' Caused by NBA Rights Fallout
Warner Bros. Discovery and CEO David Zaslav were sued Monday by investors who experienced "significant losses and damages" caused by fallout from the studio's rights negotiations with the National Basketball Association.
Warner Bros. Discovery Hit With Investor Lawsuit Over Loss of NBA Rights
The lawsuit points to the company recording a $9.1 billion goodwill impairment charge related to the depreciation of its TV networks.
13h
Pa. High Court to Weigh Parent Company's Liability for Dissolved Subsidiary's Conduct
The plaintiffs had contended that their alleged asbestos-related injuries were caused by Davos, a corporation Carmeuse ...
1d
on MSN
Pierer Mobility AG, parent company of KTM-related brands, announces restructuring plan
Pierer Mobility AG, parent company of the KTM, Husqvarna, and Gas Gas brands, has announced they “will apply for the ...
1d
Why would Dickies move to California? A closer look at parent company VF offers clues
Dickies’ parent company struggled since the pandemic. Will moving Dickies to California be enough to right its finances ...
18h
Fact Check: Sephora did not donate to Trump campaign, company says
Sephora did not donate to any political candidates, a company spokesperson said in response to social media posts calling on ...
7d
on MSN
FromSoftware parent company confirms Sony’s acquisition interest
There are some articles on the acquisition of Kadokawa Corporation (hereinafter “the Company”) by Sony Group Inc. However, ...
8m
on MSN
Anglo American Platinum shares dip as parent company offloads 6% stake
The demerger of Anglo American Platinum is on track for completion by the middle of 2025 and, on this basis, Anglo American ...
12d
on MSN
Ben and Jerry's sues parent company over previous settlement agreements
Ben and Jerry's has accused their parent company, Unilever, of violating the conditions of a settlement agreement from 2022 ...
8d
Sony May Be Buying FromSoftware’s Parent Company, Says Report
Sony may be poised to have another major weapon in its arsenal. Reuters (and now Nikkei) is reporting that Sony is in talks ...
13d
CEO of Onion's parent company says they're 'in shock' over winning bid for Infowars
Ben Collins, CEO of The Onion’s parent company, Global Tetrahedron said satirical news publication won the bidding for Alex ...
koaa
8h
VENU, parent company of Ford Amphitheater going public according to a company announcement
VENU, the parent company of the Ford Amphitheater, announced that they will be going live on the New York Stock Exchange starting on November 27.
9d
LEGOLAND’s parent company is bringing Minecraft to the real world
Merlin Entertainments and Mojang Studios are partnering to build first-of-a-kind Minecraft attractions in the real world.
eGamers.io on MSN
10h
Animoca Brands Makes Strategic Investment in Pudgy Penguins' Parent Company Igloo
Animoca Brands, a leading blockchain gaming company, has announced a strategic investment in Igloo Inc., the parent company ...
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