Following FuboTV's settlement with Disney, Fox, and Warner Bros. Discovery over their Venu Sports streaming service, DirectTV and EchoStar are urging courts to consider the impact on competition. They argue that the settlement, which allows Venu to launch and gives Disney control over a new multichannel video programming distributor, may actually worsen anti-competitive practices in the sports streaming market.
Following FuboTV’s recent move to settle its antitrust lawsuit with Disney, Fox, and Warner Bros. Discovery over the impending launch of their Venu Sports streaming service, DirectTV and EchoStar are urging the courts to consider how other TV distributors could still be shut out of the sports streaming space.
In a letter to Garnett, DirectTV argued that while Venu’s venture partners have paid Fubo “to ensure cooperation from an aggrieved competitor,” they have also restored “an anticompetitive runway for the JV Defendants to control the future of the live pay TV market.
Sports Streaming Antitrust Competition Fubotv Venu Sports
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DirectTV and EchoStar Sound Alarm Over Venu Sports Launch After FuboTV SettlementFollowing FuboTV's settlement with Disney, Fox, and Warner Bros. Discovery over their Venu Sports streaming service, DirectTV and EchoStar are urging courts to consider the potential impact on competition in the sports streaming market. They argue that the settlement allows Disney, Fox, and Warner Bros. Discovery to control the future of live pay TV and harm smaller distributors like themselves.
Read more »
Disney's Hulu + Live TV and FuboTV Combine in Streaming DealDisney's Hulu + Live TV and sports streaming service FuboTV are merging in a deal that also settles a lawsuit against the creation of Venu Sports. The combined company, with Disney holding a 70% stake, will operate under FuboTV's name and be led by FuboTV's management. FuboTV and Hulu + Live TV have a combined 6.2 million North American subscribers. The deal allows FuboTV to create a new sports and broadcast service featuring Disney's networks.
Read more »
Disney's Hulu + Live TV and FuboTV Combine in Deal; Venu Sports Lawsuit SettledDisney's Hulu + Live TV and sports streaming service FuboTV are merging in a deal that also resolves a lawsuit regarding the creation of Venu Sports. The combined company will be majority-owned by Disney and operate under FuboTV's name. Both services will remain available separately.
Read more »
Judge Rules Against Disney-Fox-Warner Sports Streamer As FuboTV’s Lawsuit AdvancesThe lawsuit targets allegedly anticompetitive bundling requirements that FuboTV claims lead to increased costs for consumers, who are forced to pay for content they don’t watch.
Read more »
Hulu + Live TV and FuboTV to Merge in $220 Million DealDisney's Hulu + Live TV and sports streaming service FuboTV are merging in a deal that will also see the settlement of a lawsuit against the creation of Venu Sports. The combined company, in which Disney will have a 70% stake, will operate under FuboTV's publicly traded company name and be led by FuboTV's existing management team.
Read more »
Hulu + Live TV and FuboTV Merge in $220 Million DealDisney's Hulu + Live TV and sports streaming service FuboTV are merging in a deal worth $220 million. The combined company will operate under FuboTV's publicly traded name and be led by FuboTV's existing management team. Disney will have a 70% stake in the new entity.
Read more »