WBDis surrendering rights to theNBAafter the current season, ending broadcasts on TNT after several decades.
The changes have come more quickly and dramatically than the management team was able to recognize.
Pay-TV declines will continue, the letter affirmed.
David Zaslav and Sebastian Maniscalco at an NBA game in November 2024Allen Berezovsky/Getty Images
Zaslav cited strategic opportunities in making the restructuring announcement.
