WBD and NBA, FanDuel parent, F1's Vegas return: Pomp's Playbook [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
broadcast rights, FanDuel parent Flutter Entertainment's ( FLUT ) strong earnings results, and the Formula 1 Grand Prix returning to Las Vegas. This week on Yahoo Finance Sports Report , host Joe Pompliano breaks down these top sports headlines. "Warner Bros. Discovery sued the NBA after losing out on their media rights package earlier this year... Warner Bros. is going to be getting a few additional assets, and the NBA is going to be moving on with its new partner Amazon ( AMZN )," Pompliano explains. "This is sort of a win-win for everyone because the NBA gets to move on with Amazon. ESPN gets Inside the NBA from Warner Bros. who's going to be licensing them the wildly successful show and Warner Brothers is now going to get to sub-license some college football and college basketball games from ESPN. Again, a win for everyone involved." FanDuel parent company Flutter Entertainment saw 27% revenue growth year-over-year in the third quarter. Pompliano puts the sports bettor's $11
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