A federal judge on GravityX ExchangeFriday put on pause a plan by Walt Disney, Fox and Warner Bros Discovery to launch a new sports streaming platform, saying that FuboTV is likely to be successful in proving its claim that the partnership would be anti-competitive.
U.S. District Judge Margaret Garnett in New York said in the ruling that a temporary injunction blocking the new streaming venture was appropriate.
Fubo said in its Feb. 20 lawsuit that the proposed venture would "destroy competition and inflate prices for consumers."
Earlier in February, Fox, Disney's ESPN and Warner Bros Discovery had disclosed plans to launch a sports streaming service, later dubbed Venu Sports, to capture younger viewers.
Need a break? Play the USA TODAY Daily Crossword Puzzle.
The three companies said in a statement they believed Fubo's arguments were wrong and that they would appeal the court's ruling.
"Venu Sports is a pro-competitive option that aims to enhance consumer choice by reaching a segment of viewers who currently are not served by existing subscription options," they said.
Representatives for the other parties did not immediately respond to requests for comment on Friday.
Earlier this month, Venu Sports said it planned to launch in the United States this fall, with a broad portfolio of sports offerings, including 14 live sports channels and a library of content. It has said it hoped to attract 5 million subscribers within five years of its debut.
2025-04-30 23:22285 view
2025-04-30 23:081538 view
2025-04-30 22:402728 view
2025-04-30 22:401672 view
2025-04-30 21:422659 view
2025-04-30 21:322577 view
FRANKFORT, Ky. (AP) — Kentucky plans to provide state employees with paid time off so they can bond
Update: Hollywood actors went on strike when the deadline was reached without a deal. Read the lates
The share of American children who have ever been diagnosed with a developmental disability increase