Posted 3/1/2024, 1:34:00 PM
FuboTV Files Lawsuit Against Rivals, Alleging Anticompetitive Practices in Sports Streaming
- FuboTV CEO criticized Disney, Fox, and Warner Bros. Discovery for "anticompetitive practices" related to their sports streaming joint venture
- FuboTV filed a lawsuit last month seeking to block the rivals' sports streaming venture set to launch this fall
- FuboTV reported better-than-expected Q4 2022 results, with revenue up 28% and narrower losses
- FuboTV grew North American average revenue per user 15% to $86.65, an all-time high
- FuboTV forecasts 2.055-2.095 million subscribers and $1.536-1.56 billion revenue for 2024