Federal Judge Blocks Venu Sports Streaming Launch

Reported about 2 months ago

A federal judge has halted the launch of Venu Sports, a proposed sports-streaming service formed by Fox, Warner Bros. Discovery, and Disney, citing antitrust concerns raised by fuboTV. The ruling, which comes just days before Venu Sports was set to debut on August 23, has influenced stock ratings for Fox Corporation, with analysts upgrading it due to the potential opportunities the service offered.

Source: YAHOO

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