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Disney-Fox-WBD Sports Streaming Venture Has One Major Advantage, Fubo CEO David Gandler Testifies: “Price Is King”
Fubo CEO David Gandler traded jabs Tuesday with attorneys for the media companies behind streaming joint venture Venu Sports in an antitrust hearing.
The suit alleges the companies behaved as a monopoly in a coordinated effort to run Fubo out of business with a cheaper bundle of sports-focused programming. In addition to allowing a peek behind the curtain at a pay-TV operator, the hearing also included a few striking counters to the usual public-facing spin around a few aspects of sports and streaming more broadly. Numerous times, attorneys for the defendants acknowledged that WBD will most likely lose rights to the NBA after the 2024-25 season, but they brought it up to note that the void of basketball will devalue the bundle and therefore lessen any perceived threat against Fubo.
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