Overview

• Fubo CEO David Gandler intensifies legal battle against Disney, Fox, and Warner Bros. Discovery, labeling their sports streaming joint venture as a 'duel to the death'.
• Gandler accuses the trio of engaging in 'borderline racketeering' through anticompetitive practices, resulting in billions of dollars in damages to Fubo.
• Fubo's lawsuit aims to block the joint venture, alleging inflated content licensing rates and forced licensing of unwanted content.
• Despite legal and competitive challenges, Fubo reports a 28% year-over-year revenue increase to $410.2 million and a narrowed net loss in Q4 2023.
• Fubo aims for positive free cash flow by 2025, forecasting significant subscriber and revenue growth in North America and its Rest of World segment.