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The launch of Venu Sports will be delayed after a federal judge granted FuboTV’s motion for a preliminary injunction against the planned sports streaming venture by ESPN, Fox and Warner Bros. Discovery.
United States District Judge Margaret M. Garnett in the Southern District of New York said in her 69-page ruling that Fubo was likely to be successful in proving that the joint venture would violate antitrust laws and Fubo and consumers would “face irreparable harm in the absence of an injunction.”
Fubo TV filed the lawsuit two weeks after ESPN, Fox, Warner Bros.
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USA — Financial VENU: Judge blocks plans for sports joint streaming venture among Fox, ESPN...