Fubo Sues The Walt Disney Company, Fox Corp., Warner Bros. Discovery, and Affiliates for Antitrust Practices
Posted: Tue Feb 20, 2024 4:47 pm
FUBO), the leading sports-first live TV streaming platform, filed an antitrust lawsuit against The Walt Disney Company, FOX Corp., Warner Bros. Discovery, Inc. and their affiliates today.
The Company claims that the Defendants have engaged in a long-running pattern of stymying Fubo’s sports-first streaming service by engaging in anti-competitive practices. Fubo was founded nine years ago to offer consumers a sports-first package of live TV streaming channels as a less expensive alternative to traditional cable bundles. However, as described in the complaint, “For decades, Defendants have leveraged their iron grip on sports content to extract billions of dollars in supra-competitive profits” by engaging in practices causing consumers to pay more for highly popular sports content and resulting in significant damages to both Fubo and its customers.
Learn more: https://www.streamingmedia.com/Articles/News/Online-Video-News/Fubo-Sues-The-Walt-Disney-Company-Fox-Corp.-Warner-Bros.-Discovery...
The Company claims that the Defendants have engaged in a long-running pattern of stymying Fubo’s sports-first streaming service by engaging in anti-competitive practices. Fubo was founded nine years ago to offer consumers a sports-first package of live TV streaming channels as a less expensive alternative to traditional cable bundles. However, as described in the complaint, “For decades, Defendants have leveraged their iron grip on sports content to extract billions of dollars in supra-competitive profits” by engaging in practices causing consumers to pay more for highly popular sports content and resulting in significant damages to both Fubo and its customers.
Learn more: https://www.streamingmedia.com/Articles/News/Online-Video-News/Fubo-Sues-The-Walt-Disney-Company-Fox-Corp.-Warner-Bros.-Discovery...