Posted 2/21/2024, 1:39:00 AM
FuboTV Files Antitrust Lawsuit Against ESPN, Fox, Warner Bros. Discovery Over Sports Streaming Service Bundling Practices
- FuboTV filed an antitrust lawsuit against ESPN, Fox, Warner Bros. Discovery, and Hulu over their planned sports streaming service
- FuboTV claims the companies have engaged in anticompetitive practices to monopolize the market and prevent competition
- The lawsuit alleges ESPN, Fox, and Warner Bros. Discovery imposed bundling requirements on FuboTV, forcing it to license content its customers don't want
- FuboTV seeks to shut down the proposed joint venture sports streaming service or obtain cash damages
- FuboTV reported 1.48 million paid subscribers in North America last quarter, an all-time high