FOX CORP – CLASS A

Fox-Disney Sports Service Blocked by Judge in Win for Fubo TV

Fox-Disney Sports Service Blocked by Judge in Win for Fubo TV

Fox Corp., Warner Bros. Discovery Inc. and Walt Disney Co. were blocked by a judge from launching their streaming sports service one week before its rollout, taking a blow from their smaller rival FuboTV Inc.US District Judge Margaret Garnett on Friday issued a preliminary injunction blocking the $42.99-a-month service, Venu Sports, from going forward while Fubo’s lawsuit against the three companies proceeds. Source link lol
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Fox-Warner-Disney Sports Streamer Should Be Blocked, Fubo Argues

Fox-Warner-Disney Sports Streamer Should Be Blocked, Fubo Argues

Fox Corp., Warner Bros. Discovery Inc. and Walt Disney Co. should be barred from forming a joint sports streaming service because it would drive away competitors and force consumers to pay higher prices to watch live events, FuboTV Inc. told a federal judge.Fubo sued the companies in February, arguing the venture would block competitors from offering a product with a package of sports channels only. Fubo claims the three are leveraging their control of the rights to coveted leagues to force rivals to license and distribute dozens of less popular general entertainment channels, if those competitors want to carry networks…
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