Fubo loses WBD channels after suing over sports joint venture

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Fubo loses WBD channels after suing over sports joint venture
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Streaming service Fubo sounds surprised that it was unable to secure a deal to carry channels owned by Warner Bros. Discovery after it sued WBD.

It’s a tale as old as time: Boy meets girl. Boy sues girl over what it says are anti-competitive practices. Boy surprised when girl no longer wants to have anything to do with him. Boy writes pithy press release. Welcome, friends, to the current state of the relationship between Fubo and Warner Bros. Discovery .

Recommended Videos As is usually the case in what in the industry are called carriage agreements — wherein a service has the rights to carry channels — it’s a whole lot of he said/she said. Fubo says it “offered Warner Brothers Discovery market rates for its content and, despite Fubo’s efforts to negotiate in good faith, Warner Brothers Discovery did not provide any counteroffer, and insisted on continuing to offer us above-market rates for its content.

That “abuse of massive market power” refers to a lawsuit that Fubo has filed against WBD, Fox, and Disney over a new sports streaming service that’s set to launch this fall in time for the college football season. That service, which is still unnamed, combines the substantial sports rights of those three companies under a single umbrella.

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