• Loading stock data...
Saturday, October 11, 2025
One week until Asset Class at the NYSE Request to Attend

FuboTV Shares Soaring After Venu Sports Legal Win, but There’s a Catch

  • The streaming company records another big day on the stock market.
  • Shares in the Venu Sports partners are not hurt as the legal dispute continues.
Fubo-TV
fuboTV

FuboTV is still riding high—at least on the stock market—as the high-profile Venu Sports legal battle remains in a holding pattern.

In the first full day of trading following a federal judge placing a preliminary injunction against the debut of Venu Sports—the streaming alliance involving Disney, Fox, and Warner Bros. Discovery—FuboTV shares closed up by 17.6% at $1.80 per share. 

The sizable increase added to a separate 17% jump Friday in the immediate hours following the ruling. Earlier in Monday’s trading, FuboTV shares were up by more than 40%. The market activity is happening as Venu Sports is expected to soon contest the injunction ruling. Already, the three companies vowed to appeal in a joint statement. 

On the Other Side

Despite the serious legal broadside to Venu Sports from the preliminary injunction—one that could ultimately imperil the service—the stocks of Disney, Fox, and WBD seemingly were not all impacted on the stock market by the ruling. Shares in WBD ended Monday’s trading up by 3%, while Disney stock was up by 1.7%, and shares in Fox rose by 0.4%. 

A key reason for the apparent disconnect is that Venu Sports is not a particularly large entity in the context of the three media giants—despite the significant industry focus on the service. Each of those companies generates hefty quarterly revenue, ranging from Fox’s $3.1 billion to Disney’s $23.2 billion. 

Venu Sports, conversely, carries at least one notable projection of reaching five million subscribers by 2029. If that rather modest goal is achieved at the service’s introductory rate of $42.99 per month, that would generate less than $650 million in revenue per quarter—a sum that would be shared among the three companies. 

Big Stakes

For FuboTV, however, the stakes in the Venu Sports antitrust dispute remain rather dire, and executives said the survival of the company is at stake. Even with the recent run-up in shares, the stock is still down by nearly 43% for the year.

Some analysts, meanwhile, caution that FuboTV’s surge over the past two days could be an illusion. Seaport Research downgraded FuboTV on Monday to a neutral rating after five months of a buy rating.

“With no change in estimates at this point, and with company guidance indicating their subscriber projections do not reflect the potential impact of Venu operating in the market, we think shares are largely driven by the legal process at this point, including appeals,” the firm wrote in a note to clients.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Spectrum

ESPN Streaming Service at Core of New Spectrum Plan

The No. 1 U.S. distributor further blends linear and streaming TV.

NFL Viewership Reaches Highest Level Since 2010, Up 8% from 2024

Through Week 5, the league’s audience levels are at a 15-year high.
Mark Schlereth

Fox’s Mark Schlereth to Replace Mark Sanchez This Sunday

Mark Schlereth will replace Mark Sanchez in the broadcast booth for Seahawks-Jaguars.

NFL and College Football TV Ratings Continue to Surge, Especially for CBS

The network’s singleheader coverage Sunday drew huge viewership.

Featured Today

Las Vegas Aces center A'ja Wilson (22) celebrates with her teammates after her last second shot to take the lead 90-88 against the Phoenix Mercury in Game 3 of the WNBA Finals at Mortgage Matchup Center in Phoenix on Oct. 8, 2025.
exclusive

Standoff Over WNBA’s Future Has Dominated Finals

CBA negotiations have stolen the spotlight from the Aces’ dominant performance.
Paul Cartier
October 5, 2025

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Aces

WNBA Finals Most Viewed In 25 Years Despite Possible Aces Sweep

Games 2 and 3 have averaged more than 1.2 million viewers.
Oregon Ducks inside linebacker Will Straton celebrates a stop as the Oregon Ducks host the Oregon State Beavers Sept. 20, 2025, at Autzen Stadium in Eugene, Oregon.
October 9, 2025

CBS Eyes Breakthrough As Big Ten Ratings Still Lag Behind SEC

The network will air No. 7 Indiana at No. 3 Oregon on Saturday.
exclusive
October 10, 2025

Alyssa Lang Joins ESPN NBA Sideline Reporter Ranks

Lang has been a host and reporter for ESPN and SEC Network since 2018.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Netflix
October 9, 2025

Netflix Claims Bigger NFL Package ‘Doesn’t Really Fit’ Sports Strategy

Roger Goodell has signaled media-rights conversations could restart next year.
Dana Evans
October 8, 2025

WNBA Starts Finals With Best Viewership Since Inaugural Season

Game 1 averaged 1.9 million viewers on ESPN.
Mar 19, 2023; Miami, Florida, USA; USA shortstop Trea Turner (8) throws to first base for an out during the first inning at LoanDepot Park.
October 7, 2025

Fox Picks Up Media Rights to 2026 World Baseball Classic

The network will repeat its role in the international baseball tournament.
October 6, 2025

Mark Sanchez Charged With New Felony in Indianapolis Case

The broadcaster and ex-NFL quarterback faces up to six years in prison.