FuboTV (FUBO) has sued Disney (DIS), Warner Bros. Discovery (WBD), and Fox (FOXA, FOX) to block the three’s planned sports streaming joint venture. Addressing this anti-trust suit, Fubo Co-founder and CEO David Gandler called this union of media giants a ‘sports cartel’ aimed at stifling competition. Segment is from February 21, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #stockmarket #news #2024 #disney #fubotv #warnerbros #warnerbrosentertainment #discovery #discoverychannel #foxsports #fox #deal
The Walt Disney Company (DIS) is partnering up with Fox (FOX, FOXA) and Warner Bros. Discovery (WBD) on a new sports streaming service app. The media giants will each own a one-third stake in the joint venture, set to debut in fall 2024. John Kosner, Kosner Media President and former EVP of Digital & Print Media at ESPN joined Yahoo Finance Live on February 8, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #businessnews #business #stockmarket #financenews #stocks #disney #warnerbrospictures #discovery #foxnews #espn #livesports #streaming #streamingnews
