The decision to discontinue the Venu Sports service reflects a shift in corporate strategy aimed at optimizing existing products for sports fans, amidst legal complications.
Despite the discontinuation, the companies expressed gratitude for the Venu staff's work and highlighted their commitment to support them through the transition.
Legal challenges have complicated the launch of Venu Sports, with satellite companies arguing that the joint venture poses antitrust risks to the live pay TV market.
DirecTV and EchoStar have raised concerns that the collaboration between Fubo and Disney could reinstate anticompetitive measures in the live television landscape.
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