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79% Informative
Venu Sports , a joint venture between ESPN , Fox , and Warner Bros. Discovery has been sidelined by a federal court’s preliminary injunction.
The Aug. 16 ruling by U.S. District Judge Margaret M. Garnett that Fubo was likely to be successful in proving that the joint venture would violate antitrust laws put the brakes on what was an ambitious timeline.
Fubo/Venu case is one of many high-profile court proceedings involving major media deals.
Warner Bros. sued the NBA for not accepting its matching offer for one of the packages in the league’s upcoming 11-year media rights deal.
The league filed a motion in New York state court in Manhattan last week to have the case dismissed.
VR Score
82
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English
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