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What Just Happened? Winners & Losers In The Venu Sports Meltdown
Divergent priorities, an evolving media landscape, ongoing legal threats and the march of time shuttered Venu Sports before it launched.
Legal challenges loomed beyond Fubo, most immediately pushback from the nation’s two big satellite TV providers, Dish and DirecTV, who insisted that antitrust issues remained and asked the New York judge not to approve the settlement. Discovery – to compete on a level playing field to deliver sports fans more choice, control, and value all-in-one experience,” DirecTV said Friday after Venu’s demise. Strategically, some, including analyst Paolo Pescatore, believe Disney is in the process of moving away from pay TV, so it makes sense to hand off Hulu Live to Fubo CEO David Gandler and his management team to run.
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