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NBA seeks to double rights fees from Disney, Time Warner: WSJ


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(Reuters) - The National Basketball Association is looking to double the TV-rights fees it receives from Walt Disney Co and Time Warner Inc's Turner Broadcasting as the league finalizes deals for nationally televised games, the Wall Street Journal reported, citing people familiar with the matter. Disney is currently paying NBA about $485 million a year, while Turner's deal is worth $445 million annually, the report said. Both Disney and Turner have eight-year contracts in place that run through the 2015-2016 season, but the companies are already in preliminary discussions with the league about extending their deals, the newspaper reported. NBA may look to split the finals coverage between the two media companies so that the championship round games would air on channels belonging to both, the Journal said.

 

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