Business of Sports

Report: CBS and TNT Sports Merger Could Bring Layoffs and Rights Cuts

Reporting on the combined sports operation points to staffing overlap and scrutiny of rights deals as Skydance works through the merger.

The Warner Bros. water tower and studio buildings in Burbank, California.
The Warner Bros. studio lot in Burbank, California, on June 20, 2019. File photograph; WordPress display crops may vary. · Credit: Steven Lek / Wikimedia Commons, CC BY-SA 4.0

The combination of CBS Sports and TNT Sports could bring substantial staffing cuts and a review of broadcast-rights agreements, according to reporting on Skydance’s integration of the two operations.

A report by Puck’s John Ourand, detailed by Awful Announcing, described overlapping jobs and a rights portfolio that may be larger than the merged business needs.

The sports integration follows the completed Paramount–Warner Bros. Discovery transaction. Skydance has outlined a target of $6 billion in synergies, placing the costs of running the combined operation under scrutiny.

Ourand’s reporting identified deals TNT acquired after losing its NBA package among those that could be reviewed. They include a College Football Playoff sublicense with ESPN, a Big 12 football and basketball sublicense, and the French Open agreement.

The report also raised the possibility of scrutiny for TNT’s MLB and NHL packages, both of which run through 2028. Those national broadcasts make any eventual change relevant to fans across baseball and hockey.

CBS Sports president David Berson is expected to lead the combined sports operation. The reporting described its final structure as a decision still taking shape, with employees and rights partners waiting for more specific plans.

For viewers, the practical follow-up is whether the reported cost review produces confirmed changes to where games are shown or which packages the company keeps. The report identifies possibilities; it does not supply a completed list of canceled contracts.

TSP previously examined the possibility of moving the Stanley Cup Final to CBS. The broader integration reaches further into jobs, streaming strategy and the future of TNT’s other sports agreements.

More coverage: Business of Sports.

Photograph: Steven Lek / Wikimedia Commons, used under CC BY-SA 4.0. Original photograph retained; display crops may vary.