Warner Bros. Discovery has settled its breach of contract lawsuit against the National Basketball Association, an agreement that will keep the company in business with the league for at least the next decade,

After months of concern about the future of Inside the NBA, the beloved television program will reportedly live to see another day. The Wall Street Journal's

The new media deal, which is worth nearly $80 billion over the next 11 years, grants broadcast rights to ESPN, NBCUniversal and Amazon.com. In its lawsuit, Warner Bros. Discovery claims the NBA violated a matching-rights clause with TNT in favor of the new arrangement with Amazon Prime Video.

Warner Bros, Discovery and the NBA have settled a contentious legal dispute concerning broadcasting rights, marking a significant shift in their long-standing partnership. Under the terms of the new agreement,

Warner Bros. Discovery shows promise despite revenue declines and debt concerns, with strong content revenues and growth in streaming. See more on WBD here.

Warner Bros Discovery has settled its breach of contract lawsuit against the National Basketball Association (NBA), the Wall Street Journal reported on Saturday, citing people familiar with the matter.

The NBA is set to undergo big changes next season as with their new media deal, TNT will no longer be broadcasting games with ESPN, ABC, NBA and Amazon taking over the right to nationally televised games.