After Venu Sports lawsuit and acquisition by Disney, Fubo’s planning its own skinny bundle
The crucial company that blocked the Venu Sports skinny bundle has its own one planned, and at a cheaper price than DirecTV or Comcast.
The crucial company that blocked the Venu Sports skinny bundle has its own one planned, and at a cheaper price than DirecTV or Comcast.
"Disney’s proposed acquisition of Fubo appears to allow Disney to simultaneously circumvent the lawsuit while gobbling up a competitor."
"Fubo had the best price for a large-scale live TV streaming channel package on the market… for around seven weeks."
"By this settlement, Defendants pay off and seek to subsume the very competitor that raised these antitrust violations to the Court."
The abrupt acquisition of Fubo by Disney clears the way for Venu Sports to come back to life. What's next for everyone involved?
If this move is approved, it will have plenty of implications across streaming TV.
The Venu Sports-Fubo trial looks set to move forward after a federal judge dismissed a motion to dismiss from the joint streamer.
The Department of Justice came down firmly on the side of Fubo in their lawsuit against Venu Sports, but their support may be fleeting.
Fubo reported another down quarter in earnings as the looming Venu Sports lawsuit could be defining for the company's future.
The DOJ will file an amicus brief in support of Venu's injunction.
These offerings can be bought through Fubo's MVPD packages, but also on their own, and both can be integrated with Fubo's collection of FAST channels.
"They claim this is a very innovative product, but it's only innovative because they've stifled the rest of us."
The positive news for Fubo last week regarding Venu Sports has caused the company's stock to soar.
Federal judge Margaret Garnett agreed with Fubo's claims against the Venu Sports joint venture, granting a preliminary injunction.
Fubo's CEO David Gandler used part of his company's earnings call to fire a salvo at Venu Sports.
"Even locally-produced high school volleyball games get a score bug."
"Diamond remains focused on completing our reorganization and emerging as a sustainable, profitable business."
Several networks have been dropped by Fubo.
Fubo has added yet another RSN to its lineup.
Ahead of the 2024 MLB season, Fubo is adding MASN to its lineup of networks.
"I think that this is a duel to the death."
Fubo calls the Disney/Fox/WBD alliance a "sports cartel."