FuboTV sues Disney, Fox, Warner Bros. about sports joint enterprise

Rafael Henrique | Lightrocket | Getty Pictures

FuboTV is suing Disney, Fox and Warner Bros. Discovery about their just lately announced sports streaming joint undertaking, citing what the firm calls “excessive suppression of competition in the U.S. sporting activities-concentrated streaming market,” according to a copy of the lawsuit received by CNBC.

The joint enterprise, declared previously this thirty day period, aims to give viewers a new way to entry marquee dwell athletics. It really is slated to roll out this slide, but several questions continue being about its pricing and structure.

“These horizontal opponents are colluding to develop a JV that will lead to considerable hurt to competitiveness and people,” the grievance reads.

The lawsuit also names Disney-owned ESPN and Hulu as defendants.

A spokesperson for the joint enterprise declined to remark.

This is breaking news. Remember to test again for updates.

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