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In Latest Venu Sports Salvo, Fubo Says Disney, Fox And Warner Bros. Discovery Have “Artificial Advantage” In Streaming
In Venu Sports' ongoing appeal, pay-TV operator Fubo repeated its claim that the venture backed by Disney Fox and Warner Bros. Discovery is anti-competitive.
Last summer, a judge in U.S. District Court in New York stunned the media industry by siding with Fubo, granting a preliminary injunction to block Venu from launching as scheduled in time for the football season. It also notes that the three companies control more than 50% of live sports rights in the U.S. (with NBCUniversal and Paramount Global are notably absent) but quotes execs asserting even bigger market share, closer to 60% or even 75%. While attorneys for Disney, Fox and WBD have pointed to an unsuccessful antitrust claim brought in 2011 by consumers alleging monopoly behavior by pay-TV operators (Brantley et.
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