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.

The lawsuit, filed in July by Warner Bros. Discovery and its sports division, Turner Broadcasting System, stemmed from the NBA awarding broadcasting rights to Disney’s ESPN, Comcast-owned NBCUniversal, and Amazon.com in an 11-year deal valued at $77 billion.

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 will stay on the court with the NBA in a new settlement that gives the media company a new chance to keep professional basketball in its overall lineup, even as it loses U.S. rights to traditional TV games to rivals.

Warner Bros. Discovery's legal battle with the NBA over the loss of its long-standing rights package has ended, and the resolution is as complicated as you'd expect. Per the Wall Street Journal, WBD settled its breach of contract lawsuit with an agreement that will keep it in business with the NBA for the next decade,

The National Basketball Association and Warner Bros. Discovery are taking their court battle over B-ball TV rights out of the courts. While nothing has been filed yet in New York State court system, Adam Silver-led NBA and the David Zaslav-run WBD have reached a deal to end their months-long legal dispute,