FuboTV's antitrust trial against Disney, media giants set to begin in October 2025

(Reuters) - FuboTV (NYSE:FUBO )'s antitrust trial against the launch of a new sports streaming service by Walt Disney (NYSE:DIS ), Fox and Warner Bros Discovery (NASDAQ:WBD ) is set to begin on Oct. 6 next year, according to a court filing on Thursday.

A U.S. judge had temporarily blocked Venu Sports, a joint venture backed by the three media giants, after rival sports streaming service FuboTV accused them of antitrust practices that would prevent competition and lead to price hikes for customers.

Venu's media partners could "exercise near-monopolistic control" over sports rights to prevent rivals from emerging, U.S. District Judge Margaret Garnett had said last month.



Venu Sports, led by former Apple (NASDAQ:AAPL ) executive Pete Distad, is aiming for 5 million subscribers in the first five years and was expected to launch in the United States this fall.

The platform will be priced at $42.99 per month with a seven-day free trial, and was launched to attract younger viewers who are not tuned in to cable TV.

Source: Investing.com

Останні публікації
Dow Jones, Nasdaq, S&P 500 weekly preview: New economic data could boost stocks
23.09.2024 - 16:00
Ankam CEO Wen Lung Wang acquires $141k in company stock
23.09.2024 - 16:00
Biden proposes banning Chinese vehicles from US roads with software crackdown
23.09.2024 - 16:00
Why Barclays expects Tesla's third-quarter deliveries to top consensus estimates
23.09.2024 - 16:00
Palantir valuation leaves 'no room for error' - Raymond James
23.09.2024 - 16:00
Biohaven's genetic disease drug meets main trial goal
23.09.2024 - 16:00
White House to spell out plan to safeguard US auto sector, avoid second 'China shock'
23.09.2024 - 16:00
Hedge funds are using Fed's big rate move to buy US tech stocks says Goldman Sachs
23.09.2024 - 16:00
Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal
23.09.2024 - 16:00
Barclays sees muted demand for iPhone 16
23.09.2024 - 16:00
Consumer confidence, GDP, and Powell's speech headline busy economic week
23.09.2024 - 16:00
TSMC, Samsung discuss building chip factories in UAE: WSJ
23.09.2024 - 16:00
Retailer MINISO to buy nearly 30% stake in China's Yonghui for $893 million
23.09.2024 - 16:00
PodcastOne executive chairman buys $32,181 in company stock
23.09.2024 - 16:00
Is Super Micro (SMCI) a $1,000 stock? Wall Street analyst discusses
23.09.2024 - 16:00

© Analytic DC. All Rights Reserved.

new
Аналіз ринку Комплексний аналіз GBP/USD
Ласкаво просимо в чат підтримки!
*
*

Ваш запит успішно надіслано!
Скоро з вами зв′яжуться.