Warner Bros. Offers to Match Amazon’s Bid for NBA TV Rights (1)

Warner Bros. Discovery Inc. offered to match Amazon.com Inc.’s bid for National Basketball Association TV rights, taking advantage of a clause in its expiring contract with the league.

“Regrettably, the league notified us of its intention to accept other offers for the games in our current rights package, leaving us to proceed under the matching rights provision, which is an integral part of our current agreement and the rights we have paid for under it,” Warner Bros. said in a statement.

The company said it submitted paperwork to the league indicating its intentions on Monday.

A spokesperson for the NBA confirmed ...