Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Trump says US will intervene if Iran starts...
JONATHAN TURLEY: Trump’s Kennedy Center name change will...
President Trump is a generational talent just like...
Here are the key 2026 House and Senate...
Trump claims White House doctors report him in...
Trump regrets handing Dems health ‘ammunition’ with October...
Iran crackdown rattles Middle East as analysts weigh...
Beyond HODL: Why the DeFi Technologies Lawsuit Signals...
Josef Schachter: Oil Stock Buy Signal Approaching, 3...
Bold Ventures Closes $776,800 Non-Brokered Private Placement
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Business

Here’s what the NBA’s new media deal means for hoops fans

by admin July 26, 2024
July 26, 2024
Here’s what the NBA’s new media deal means for hoops fans

The NBA announced a new media deal late Wednesday that would end its long-standing relationship with TNT, while adding and restarting partnerships with Amazon and NBC — expanding the reach of professional hoops but potentially posing new access issues to fans.

Starting in the 2025-2026 season, existing partner ABC and its sister network ESPN will now share broadcast rights with Amazon Prime Video, NBC and the NBCUniversal-owned Peacock. The league is seeking to wind down its 35-year tie-up with TNT, although it is now facing a lawsuit from TNT’s parent, Warner Bros. Discovery, as it does so.

Barring a dramatic last-minute change, all of this means the upcoming 2024-2025 season will be the last to feature the popular ‘NBA on TNT’ broadcast. Co-anchor and NBA Hall of Famer Charles Barkley said last month he would retire from TV following this season.

“Our new global media agreements with Disney, NBCUniversal and Amazon will maximize the reach and accessibility of NBA games for fans in the United States and around the world,” NBA Commissioner Adam Silver said in a statement. “These partners will distribute our content across a wide range of platforms and help transform the fan experience over the next decade.”

Comcast’s NBCUniversal is the parent company of NBC News.

The new arrangement means that a year from now, NBA fans looking for a complete national viewing schedule will have to subscribe to two streaming platforms: Peacock and Amazon Prime Video. And if they want to avoid traditional TV entirely, they’ll need a third: ESPN’s upcoming streaming service.

Still, many games will be available through traditional broadcast channels on ABC and NBC, and through cable via ESPN. The NBA will continue to sell a separate League Pass subscription that starts at $14.99 a month.

Here’s what a sample basketball week looks like according to the new agreement:

Early-round playoff games will also be split up among the networks; ABC will remain the exclusive home of the NBA Finals.

The deal also includes expanded WNBA coverage among those networks, with 125 games slated to be televised.

The deal marks a return of the basketball league to NBC after a run from 1990 to 2002 that coincided with the game’s rise to international popularity led by stars such as Michael Jordan, Shaquille O’Neal and Kobe Bryant. Mike Tirico will anchor the network’s coverage, NBC Sports President Rick Cordella told Richard Deitsch of The Athletic on Wednesday.

For the past 22 years, games have been split among ABC, ESPN (both owned by Disney) and TNT. The most recent agreements with those networks generated $24 billion, according to CNBC.

With the new deal, the NBA has nearly tripled that figure to approximately $76 billion, according to The Associated Press.

Live sporting events are highly coveted by broadcast groups because of the viewership they can command. This year’s regular season averaged 1.09 million viewers across ABC, ESPN, TNT and the league-owned NBA TV. While that was up just 1% from last year, it was the highest all-network average in four years, according to Sports Media Watch. 

Last year’s NBA playoffs was the most watched in 11 years, according to Nielsen.

In fact, annual ratings churn is not necessarily the most important part of the negotiations for sports broadcast rights. Rather, the slate of games themselves — known as ‘inventory’ in the industry — is valuable in itself as it ensures a consistent audience.

‘Inventory is what matters,’ said Jon Lewis, who runs SportsMediaWatch.com. ‘If you’re trying to build up a streaming service like Peacock, or Amazon sports, that inventory is a big deal. They’re clearly willing to pay a lot for it.’

This post appeared first on NBC NEWS

previous post
Balancing a fixed income with inflation, a Georgia retiree feels stuck
next post
NBA says Amazon will be its new media partner, rebuffing Warner Bros. Discovery

You may also like

Labor groups begin to unite behind Harris’ campaign...

July 25, 2024

How Nvidia doubled earnings, lost almost $300 billion...

September 6, 2024

GM lays off 1,000 employees amid reorganization and...

November 17, 2024

Amazon taps Xbox co-founder to lead new team...

May 30, 2025

Weekly mortgage refinance demand soars 16% as rates...

August 8, 2024

U.S. added 119,000 jobs in September, but there...

November 22, 2025

American Airlines flight attendants ratify new contract with...

September 14, 2024

Netflix maintained its 2025 guidance. That may not...

April 21, 2025

Walmart to pay $10 million to settle lawsuit...

June 24, 2025

Plummeting stock, boycotts and flagging sales: What’s fueling turmoil for Tesla?

March 18, 2025

Recent Posts

  • Trump says US will intervene if Iran starts killing protesters: ‘Locked and loaded’
  • JONATHAN TURLEY: Trump’s Kennedy Center name change will keep lawyers busy for years
  • President Trump is a generational talent just like our most gifted athletes
  • Here are the key 2026 House and Senate races to watch that could decide control of Congress
  • Trump claims White House doctors report him in ‘perfect health,’ says he ‘aced’ third straight cognitive exam

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (964)
    • Investing (3,783)
    • Politics (4,565)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 Sightful Invest. All Rights Reserved.