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Fubo Sues Disney, Fox, and Warner Bros. Discovery Over New Sports Streaming Service

The lawsuit alleges anticompetitive practices and seeks to challenge the joint venture's impact on the sports streaming market.

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SANTA CLARA, CALIFORNIA - OCTOBER 03: San Francisco 49ers' Deebo Samuel #19 gains yardage in the fourth quarter of their NFL game against the Los Angeles Rams at Levis Stadium in Santa Clara, Calif., on Monday, Oct. 3, 2022. (Jane Tyska/Digital First Media/East Bay Times via Getty Images)
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Overview

  • Fubo TV Inc. filed an antitrust lawsuit against Disney, Fox, and Warner Bros. Discovery, claiming they have engaged in practices harmful to both Fubo and consumers.
  • The lawsuit comes in response to the announcement of a new, unnamed sports streaming service by the three companies, which Fubo argues copies its business model.
  • The NFL and NBA were reportedly surprised by the announcement, highlighting potential industry-wide concerns over the joint venture.
  • Analysts predict the new service could accelerate the decline of traditional cable, with potential implications for the broader television ecosystem.
  • The Department of Justice is expected to review the joint venture, amid concerns over its potential to limit competition in the sports streaming market.