Warner Bros. Discovery is looking to get out of the regional sports TV business. It told the NBA, MLB and NHL that it wants to cease operating three networks.
Warner Bros. Discovery Inc.
is informing the professional-sports teams whose games are carried on three of its regional sports networks that it wishes to cease operating the channels and exit the business, according to people familiar with the matter.from AT&T Inc. The channels—which are still branded as AT&T SportsNet—serve teams in Pittsburgh, Houston, Colorado and Utah—and carry baseball, basketball and hockey.
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