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,

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, with the ability to develop new shows with NBA content and international NBA rights in northern Europe and Latin America countries, except for Mexico and Brazil.

The NBA and Warner Bros Discovery have reached a deal to end their months-long legal dispute over NBA TV rights, sources say.

The new media deal, which is worth nearly $80 billion over the next 11 years, grants broadcast rights to ESPN, NBCUniversal and Amazon.com. In its lawsuit, Warner Bros. Discovery claims the NBA violated a matching-rights clause with TNT in favor of the new arrangement with Amazon Prime Video.

Warner Bros. Discovery and the NBA resolve a legal dispute over broadcasting rights, with Warner focusing on digital and international markets while relinquishing US TV rights. The 11-year deal includes collaboration with ESPN and marks a strategic shift in Warner's approach to sports broadcasting.

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 (NASDAQ:WBD) and the National Basketball Association have agreed to settle their legal dispute over television rights, The Wall Street Journal reported late Saturday, citing people familiar with the matter.