Judge Blocks Launch of Disney, Fox, and Warner Bros. Sports Streaming Service

FuboTV wins preliminary injunction, raising antitrust concerns over Venu Sports joint venture.

Overview

FuboTV's stock surged after the court ruling against Venu Sports.
Judge Garnett's decision cited potential anti-competitive practices by the joint venture.
Disney, Fox, and Warner Bros. plan to appeal the injunction.
The legal battle could delay or derail the launch of Venu Sports.
The ruling highlights ongoing challenges in the sports streaming market.