Kyle Hagee

Yeah, but just one final note. These are just nominees. They do have to get confirmed by the Senate. And so none of these are finalized until they do that task. Warner Bros. Discovery settled their breach of contract lawsuit against the NBA, an agreement that will keep the company in business with the league for over about 10 years.

Yeah, but just one final note. These are just nominees. They do have to get confirmed by the Senate. And so none of these are finalized until they do that task. Warner Bros. Discovery settled their breach of contract lawsuit against the NBA, an agreement that will keep the company in business with the league for over about 10 years.

Yeah, but just one final note. These are just nominees. They do have to get confirmed by the Senate. And so none of these are finalized until they do that task. Warner Bros. Discovery settled their breach of contract lawsuit against the NBA, an agreement that will keep the company in business with the league for over about 10 years.

Now, the backstory on this lawsuit, the NBA signed a new rights deal with ESPN, Comcast and Amazon.com. for nearly $80 billion, and then Discovery sued, saying that this violated a matching rights clause it had with its own TNT cable network. Now, the ref has blown the whistle. They've gone away from the review, and they're not going to court.

Now, the backstory on this lawsuit, the NBA signed a new rights deal with ESPN, Comcast and Amazon.com. for nearly $80 billion, and then Discovery sued, saying that this violated a matching rights clause it had with its own TNT cable network. Now, the ref has blown the whistle. They've gone away from the review, and they're not going to court.

Now, the backstory on this lawsuit, the NBA signed a new rights deal with ESPN, Comcast and Amazon.com. for nearly $80 billion, and then Discovery sued, saying that this violated a matching rights clause it had with its own TNT cable network. Now, the ref has blown the whistle. They've gone away from the review, and they're not going to court.

The new settlement now focuses on the ability for Warner Bros. Discovery to develop new shows with the NBA. house some international rights for Northern Europe and Latin America, and then Bleacher Report and House of Highlights, two of their social media channels, will continue to have access to NBA content. The company is also going to partner with the NBA's digital operations.

The new settlement now focuses on the ability for Warner Bros. Discovery to develop new shows with the NBA. house some international rights for Northern Europe and Latin America, and then Bleacher Report and House of Highlights, two of their social media channels, will continue to have access to NBA content. The company is also going to partner with the NBA's digital operations.

The new settlement now focuses on the ability for Warner Bros. Discovery to develop new shows with the NBA. house some international rights for Northern Europe and Latin America, and then Bleacher Report and House of Highlights, two of their social media channels, will continue to have access to NBA content. The company is also going to partner with the NBA's digital operations.

That'll drive about $350 million in revenue for Discovery. And then finally, which was the most important to me, Warner Bros. Discovery struck a deal with Disney to license the TNT show inside the NBA. This is kind of a cult classic show of NBA followers. So we're still going to have Charles Barkley and Shaquille O'Neal on the big screen for the NBA season.

That'll drive about $350 million in revenue for Discovery. And then finally, which was the most important to me, Warner Bros. Discovery struck a deal with Disney to license the TNT show inside the NBA. This is kind of a cult classic show of NBA followers. So we're still going to have Charles Barkley and Shaquille O'Neal on the big screen for the NBA season.

That'll drive about $350 million in revenue for Discovery. And then finally, which was the most important to me, Warner Bros. Discovery struck a deal with Disney to license the TNT show inside the NBA. This is kind of a cult classic show of NBA followers. So we're still going to have Charles Barkley and Shaquille O'Neal on the big screen for the NBA season.

Toby, what are your thoughts about this deal? And are you pumped that we're still going to have Sir Charles on TV?

Toby, what are your thoughts about this deal? And are you pumped that we're still going to have Sir Charles on TV?

Toby, what are your thoughts about this deal? And are you pumped that we're still going to have Sir Charles on TV?

100%. I think three things to me are super interesting. One is international expansion will continue, that the rights internationally are still worth something. The second is I think just looking at viewers of games being down doesn't tell the whole picture of the NBA. This is a sport that's really leaned into social content. Mm-hmm.

100%. I think three things to me are super interesting. One is international expansion will continue, that the rights internationally are still worth something. The second is I think just looking at viewers of games being down doesn't tell the whole picture of the NBA. This is a sport that's really leaned into social content. Mm-hmm.

100%. I think three things to me are super interesting. One is international expansion will continue, that the rights internationally are still worth something. The second is I think just looking at viewers of games being down doesn't tell the whole picture of the NBA. This is a sport that's really leaned into social content. Mm-hmm.

And so, so many people, they might not watch a regular season game between like the Portland Trailblazers and the New Orleans Pelicans, but they'll definitely watch the highlight of like Brandon Ingram dunking on someone. And that will get so much play across social. And I think the third thing is this ability for Warner Bros to develop new shows around NBA content.

And so, so many people, they might not watch a regular season game between like the Portland Trailblazers and the New Orleans Pelicans, but they'll definitely watch the highlight of like Brandon Ingram dunking on someone. And that will get so much play across social. And I think the third thing is this ability for Warner Bros to develop new shows around NBA content.