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Warner Bros. Discovery could be losing NBA TV rights to NBC

Josh Lipton and Julie Hyman

Shares of Warner Bros. Discovery (WBD) are falling on news that the broadcaster could lose its NBA streaming rights to NBC. According to a report from The Wall Street Journal, Comcast's NBCUniversal (CMCSA) is preparing a $2.5 billion-a-year bid to do so.

Yahoo Finance Media Reporter Alexandra Canal joins Market Domination to break down the latest development for Warner Bros. Discovery, while also providing updates on Paramount Global's (PARA) recent CEO shakeup.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Nicholas Jacobino