NBA Rejects Warner Bros. Broadcast Bid, Announces Deals with Disney, NBC, Amazon
Just days after its submission, the NBA has rejected Warner Bros. Discovery’s 11th-hour effort to retain a portion of the league’s broadcast rights. In an official statement, the NBA indicated that WBD’s proposal “did not match the terms of Amazon Prime Video’s offer” and, in turn, officially announced its long-term agreement with Amazon, as well as Disney and NBCUniversal, moving forward. Per the current contract, WBD’s TNT will retain the rights through the 2024-25 season. Warner Bros. released a statement Wednesday saying it will take “appropriate action” after the NBA “grossly misinterpreted” WBD’s contract rights.
Coco Gauff Becomes Youngest US Athlete to Be Selected as Flag Bearer
We are less than 48 hours from the official kickoff of the 2024 Paris Olympics. Ahead of Friday’s opening ceremonies, Coco Gauff has been selected by her peers to join LeBron James as a flagbearer for the United States. The reigning US Open champion becomes the youngest flag bearer for the US in history, as well as the country’s first-ever tennis player to secure the honors.
French Alps, Salt Lake City Selected as 2030 & 2034 Winter Olympic Hosts
As competitors assemble in the Athlete Village, the International Olympic Committee is hard at work. The IOC announced on Tuesday that France will play host to the 2030 Winter Olympics, while Salt Lake City earned the honors for the 2034 Games. France’s selection is contingent on additional evidence that the region can support the financial burden of putting on the event. Salt Lake City will host the event for the second time after serving as the home of the 2002 Winter Olympics.
‘Inside Out 2’ Sets New Mark as Highest-grossing Animated Film in History
After a slow start to 2024, the Hollywood box office is booming. The true standout story of the summer is the international success of Inside Out 2. The film took over Frozen 2 to become the top-grossing animated film with more than $1.46 billion globally in just under six weeks in theaters.
Angel Reese Joins Top WNBA Talent in Breanna Stewart & Napheesa Collier’s Unrivaled Basketball League
Women’s basketball fans will have a lot to look forward to this WNBA offseason. Earlier this year, Breanna Stewart and Napheesa Collier announced their upcoming Unrivaled Basketball League, set to tip off in early 2025 in Miami. Angel Reese confirmed that she will be among the 30 hoopers taking their talents to South Beach. She joins Chelsea Gray, Kelsey Plum, Jewell Loyd, and All-Star MVP Arike Ogunbowale among those who will participate in the inaugural season.
Will Smith Signals Return to Music, Signs with Slang
It’s summertime, and Will Smith appears to be getting back into music. On the heels of a performance at the BET Awards, the versatile entertainer announced he’s signing with the record label Slang. While he spends most of his time on the big screen, Smith is no stranger behind the mic, with Big Willie Style being one of the best-selling albums ever. While a newer label, Slang is adding Smith to a roster that already includes Big Sean, Cardi B, and Roddy Ricch.
Timothée Chalomet Steps Out in First Bob Dylan Biopic Trailer
Willy Wonka, Lisan al-Gaib, Bob Dylan? Timothée Chalamet has worn many hats, and in a trailer released Wednesday for the upcoming A Complete Unknown movie, we got a taste of what the actor will look and sound like as Bob Dylan. The biopic explores the life of the famous folk singer-songwriter, played by Chalamet. The Dune actor says he does his own singing in his role. The upcoming film does not yet have a release date.
HYBE Undergoes Leadership Change, Names Jason Jaesang Lee New CEO
As part of its ongoing leadership initiative, HYBE, the entertainment company that represents superstar K-pop band BTS, has named Jason Jaesang Lee as its new CEO. Lee joined the company in 2018 and previously held titles such as Chief Strategy Officer, COO, and President of the HYBE America division. He will replace Jiwon Park, who will continue to help with HYBE’s growth strategy.
Tesla Tumbles Following Underwhelming Q2 Report
Tesla’s stock closed Wednesday down roughly 12%, the most since 2020, after its second-quarter earnings report underwhelmed. While the Elon Musk-led company did boast a 2% increase in total revenue from last year, the auto revenue fell 7% year-over-year to $19.9 billion. Meanwhile, Tesla‘s earnings per share came in below projections at 52 cents versus the expected 62 cents.
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