💨 Abstract
Disney, Fox, and Warner Bros Discovery have scrapped plans for Venu Sports, a live sports streaming joint venture, due to substantial legal opposition. Smaller streamer FuboTV had sued on antitrust grounds, claiming an unfair competitive advantage. The companies are now looking to reach young sports fans through deals with existing pay TV distributors.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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