WBD is playing their part in the drama and they have filed suit.

https://www.espn.com/nba/story/_/id/40647935/warner-bros-discovery-sues-nba-losing-rights-amazon


On Fri, Jul 26, 2024 at 8:56 AM PGage <[email protected]> wrote:

> For the record…
> The NBA has rejected WBD’s offer for the Amazon package. Here is the AP
> story:
>
> https://apnews.com/article/855da6a644947d74ad3330c0470a7c94
>
> Puck News’ John Ourand, in a nice story on the whole saga appropriately
> titled “How Zaz Lost the NBA”, summarized recent developments, snipet
> pasted below.
>
> Ourand’s take on the whole saga is that Zaz badly misunderstood the Rights
> market for the NBA, and the NBA’s desire to move hard into streaming.
> Although the end game involves WBD pathetically trying to match Amazon, the
> real package WBD had a chance to match was Comcast/NBC, but Comcast made a
> much bigger offer than WBD anticipated, partly to weaken Turners position
> in bargaining for cable carriage.
>
> ===============
>
> “On Monday, WBD announced its intention to use its matching rights on
> Amazon’s package. Two days later, Koenig sent Silberwasser the email saying
> that WBD’s matching rights weren’t applicable. Koenig told Silberwasser
> that the package was streaming-only, not the streaming-and-cable package
> that WBD was counter-proposing. Koenig also outlined that Amazon put its
> first three years of rights fees in escrow, meaning that payments would be
> made automatically. WBD offered a letter of credit, which the NBA did not
> view as equal. Koenig also referenced Prime’s enormous reach vis-à-vis
> Max—a dig, to be sure.
>
> WBD responded to Koenig’s email with a statement that both encapsulated
> the months of testy dealmaking and foreshadowed an even more litigious
> future. “We think they have grossly misinterpreted our contractual rights
> with respect to the 2025-26 season and beyond, and we will take appropriate
> action.”
> Sent from Gmail Mobile
>
>
> On Wed, 24 Jul 2024 at 5:18 PM PGage <[email protected]> wrote:
>
>> Apparently Amazon and the NBA think WBD’s offer does not qualify as a
>> match, WBD thinks it does. I had speculated Zaz wanted to go to court so he
>> could blame the NBA (rather than himself). Puck News makes the more likely
>> suggestion he is looking for a payoff so he can claim he came out ahead. I
>> will add that to my previous prediction that WBD eventually licenses its
>> pre game show to Amazon, which would get them even more cash, and Zaz could
>> claim he is a genius for getting paid not to air NBA games instead of
>> overpaying to air them.
>>
>> Sent from Gmail Mobile
>>
>>
>> On Wed, 24 Jul 2024 at 9:31 AM M-D November <[email protected]> wrote:
>>
>>> I've been seeing reporting that the NBA will likely deny WBD's match,
>>> although it's unclear as to why they'd be able to (possibly because
>>> Amazon's package is streaming-only, where WBD's would air on TNT & Max?).
>>> Either way, I'm also seeing that the NBA has eliminated the right to match
>>> in future renegotiations.
>>>
>>> On Monday, July 22, 2024 at 10:19:12 PM UTC-4 PGage wrote:
>>>
>>>> Reports are Zaz has claimed his right to match the Amazon offer for one
>>>> of the NBA Rights packages (1 night would be on Max apparently).
>>>>
>>>> The AP story does not dig into what I understand to be significant
>>>> challenges for WBD to legally satisfy its matching requirements, and Bill
>>>> Simmons is predicting they won’t be able to do it.
>>>>
>>>> Maybe Zaz now admits he was wrong and he does need the NBA, at any
>>>> price. Or maybe this is an attempt to cover his very bare ass, by
>>>> pretending to Match, then wrangling in court long enough that folks get
>>>> distracted by other things and forget what he lost.
>>>>
>>>> https://apnews.com/article/da054dbb0e901b8d9339eab63387b101
>>>>
>>>>
>>>> Sent from Gmail Mobile
>>>>
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