Warner Bros. Discovery, Inc. WBD has secured a transformative 10-year broadcasting deal through its sports division, TNT Sports, to cover the Roland-Garros French Open in the U.S. starting in 2025.
This agreement marks a significant expansion of Warner Bros. Discovery’s involvement with the prestigious tennis tournament known for its famous red clay.
The partnership builds on a 35-year relationship between Eurosport and Roland-Garros and positions Warner Bros. Discovery as the event’s largest global broadcast partner.
Under the new deal, TNT Sports will offer exclusive live coverage of the Parisian Grand Slam. This includes broadcasting featured live matches on TNT and providing extensive coverage across TBS and truTV.
Additionally, all live matches will be available on Max, totaling nearly 900 matches across various competitions.
Comprehensive digital coverage will also be featured, including in-depth highlights and behind-the-scenes content across multiple platforms such as Bleacher Report and House of Highlights.
TNT Sports will maintain an on-site presence at Roland-Garros, featuring studio and announcing teams strategically positioned within the venue to capture all the action.
While financial details remain undisclosed, estimates suggest the deal is valued at around $650 million, reported Bloomberg.
The transition comes at a crucial time for WBD as it reportedly faces the potential loss of its National Basketball Association broadcasting rights.
In a bid to innovate further, WBD, along with Fox and Walt Disney Co’s DIS ESPN, is co-launching a new sports streaming service, Venu Sports, this fall, set to enhance viewer engagement across different sports disciplines.
Price Action: WBD shares closed lower by 0.99% at $8.04 on Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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