FuboTV sues Disney, Fox, Warner Bros. over sports joint venture
Publishing timestamp: 2024-02-20 17:52:08
Summary
FuboTV is suing Disney, Fox and Warner Bros. Discovery over their joint venture in the sports streaming market, alleging anticompetitive practices and monopolization. The lawsuit claims that the new joint venture will harm competition and consumers by creating barriers for new competitors to enter the market.
Sentiment: NEGATIVE
Tickers: FOXA, DIS, FOX, FUBO, WBD,
Keywords: sports, walt disney co, warner bros discovery inc, cable television, fox corp. class a, fubotv inc, breaking news: business, united states, business, monopoly and antitrust, entertainment, fox corp. class b, business news, streaming services, streaming media technology, lawsuits,
Source: https://www.cnbc.com/2024/02/20/fubotv-sues-disney-fox-warner-bros-over-sports-joint-venture.html