Judge Blocks Joint Sports Streaming Service From Three Media Giants
Briefly

Judge Margaret Garnett ruled against a collaborative sports streaming service called Venu, citing substantial likelihood it would lessen competition and restrain trade in sports viewership.
The ruling effectively halts plans for Venu, a $42.99/month service from Disney, Fox, and Warner Bros. aimed at capturing sports fans leaving traditional cable.
Fubo's lawsuit raised significant concerns about the potential anticompetitive behavior of the major media companies, claiming a long-running pattern of stifling competition.
The judge's ruling reflects ongoing tensions in the sports streaming market and the growing concern over joint ventures that may undermine existing competitors.
Read at www.nytimes.com
[
|
]