News
FuboTV sues Disney, Fox, Warner Bros. over sports joint venture
Rafael Henrique | Lightrocket | Getty Images
FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced sports streaming joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC.
The joint venture, announced earlier this month, aims to offer viewers a new way to access marquee live sports. It’s slated to roll out this fall, but several questions remain around its pricing and structure.
“These horizontal competitors are colluding to create a JV that will cause substantial harm to competition and consumers,” the complaint reads.
The lawsuit also names Disney-owned ESPN and Hulu as defendants.
A spokesperson for the joint venture declined to comment.
This is breaking news. Please check back for updates.
Source: CNBC
Follow us on Google News to get the latest Updates
These stocks reporting results next week have earnings momentum at their back, and are well liked by analysts
A New Declaration of Animal Consciousness
China’s money can’t pull PNG from Australia – Asia Times
Hannover 96: That’s why goal dwarf Enzo Leopold hurt Hertha twice as much
Odds, post positions, and analysis for the 2024 Kentucky Derby
This Easy Addition to Your Egg Muffins Will Double Your Protein at Breakfast
17 Comforting Recipes to Bring to a Friend Who Is Grieving
The Truth About Popular Sleep Supplements, From Magnesium to Melatonin
Olivia Munn’s Cancer Treatment Led to ‘Medically Induced Menopause’—Here’s What That Means
What My First Time Having Sex After Giving Birth Felt Like
China’s money can’t pull PNG from Australia – Asia Times
Odds, post positions, and analysis for the 2024 Kentucky Derby
The Best Sleeping Bags for Every Adventure
The Beatles’ Method for Making the Studio Comfortable Was Terrible for Their Music
No limit to how low the yen will go – Asia Times
-
Lifestyle3 hours agoColin Jost Wins Over Tough White House Correspondents Dinner Crowd With Praise for ‘Decent’ Biden
-
News3 hours agoChinese EV makers zooming by pioneer Tesla – Asia Times
-
News4 hours agoBiden places politics over strategy in US Steel sale – Asia Times
-
Tech2 hours agoThere’s never been a better time to get into Fallout 76
-
Tech3 hours agoSeattle mayor joins tech leaders on Homeland Security’s new AI safety and security board
-
News4 hours agoTakeaways: Bruins have rattled Maple Leafs on the ropes
-
Wellness4 hours agoI Was Told I Had an STI. It Was Actually Cervical Cancer
-
News3 hours agoHong Kong exports rebound despite Sino-US trade war – Asia Times