Disney, Fox and Warner Bros. End Venu Joint Streaming Venture
Disney, Fox and Warner Bros. Discovery are calling off their planned Venu sports streaming joint venture. They announced Friday that "in an ever-changing marketplace, we determined that it was best to meet the evolving demands of sports fans by focusing…
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on existing products and distribution channels." Parties including some Democratic members of Congress had voiced antitrust concerns about the venture. Rival streaming service FuboTV this week reached a settlement that ended its litigation in U.S. District Court for the Southern District of New York against Venu.