Digital distributor Fubo, which has cobbled together its own sports package, challenged the media companies' partnership in court, making an argument that it would violate antitrust laws. A judge has granted a temporary injunction.
Venu — the planned sports streaming service from Walt Disney Co., Fox Corp. and Warner Bros. Discovery — was dealt a significant setback Friday when a federal judge put a freeze on the service's launch. Rival sports streamer Fubo had challenged the joint venture, saying its formation was a violation of U.S. antitrust laws. U.S.
He added that the company will continue to fight and is seeking 'equal treatment from these media giants, and a level playing field in our industry.' Gandler said in the statement that the company plans to move forward with its lawsuit against the Venu partners for antitrust practices The companies, in a statement, pushed back Friday on the judge's ruling. 'We respectfully disagree with the court’s ruling and are appealing it.
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