Fubo continues reporting losses as Venu case may decide future
Fubo reported another down quarter in earnings as the looming Venu Sports lawsuit could be defining for the company's future.
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.
"They claim this is a very innovative product, but it's only innovative because they've stifled the rest of us."
"Fox's decision to sublicense content where it's not part of the ultimate distribution is very different in the eyes of the regulators than ESPN simply licensing in this content."
"It would be fool’s gold to invest in something like this when you can get all of that stuff by going through your cable subscription."
"It is really focused on sports fans that are not currently part of the MVPD ecosystem..."
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.
"We think that the broad reach of broadcast TV with our streaming strategy is a phenomenal combination, and it's been super successful for us."
Fubo's CEO David Gandler used part of his company's earnings call to fire a salvo at Venu Sports.
Venu Sports will be available for $42.99 a month at launch, and those who sign up then will get that price for at least 12 months.
A lot can change between now and launch, but this gives us some potential insight into what to expect.
As its expected fall launch approaches, Venu Sports announced several new executives.
The deal could garner scrutiny from the Justice Department over antitrust allegations.
TNT would seemingly have its work cut out to replenish sports inventory and hold up its end of the bargain.
The product remains on track to be available this fall.
ESPN's vision for 'SportsCenter' in a streaming world becomes a little more clear.
On a quarterly earnings call, Fox's CEO talked up the upcoming sports streaming mega service.
"As programmers, your companies exert tremendous influence over pricing across the live sports TV ecosystem."
"What we're trying to do is serve sports fans in multiple ways."
The sports streaming joint venture has announced a streaming veteran as its CEO.
"You're going to be missing a lot of stuff that's on NBC and CBS. So why would I get it?"