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Tuesday, April 16, 2024
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Law

FuboTV Sues ESPN, Fox, and Warner Bros. Discovery Over New Streaming Venture

  • The lawsuit attempts to block the joint project.
  • The NFL and NBA were caught off guard by the project’s announcement, in addition to Fubo.
Fubo-TV
fuboTV

FuboTV is trying to block the three-network sports streaming service announced by ESPN, Fox, and Warner Bros. Discovery. 

The sports streamer filed a lawsuit Tuesday with the Southern District of New York in an attempt to block the venture. Fubo is alleging the trio won’t let it carry a small bundle of channels that plan to be incorporated into the new service. The suit also asks for a jury trial and punitive damages. The news was first reported by The Wall Street Journal. 

According to the lawsuit the Journal reviewed, the three companies are using “their power over commercially critical sports content to force Fubo to broadcast unwanted, expensive content that prevents Fubo from offering the sports-centric package of channels that its customers want.” 

Fubo’s stock has declined since news of the streaming platform was announced, which caught many in the industry off guard, including the NBA and NFL. Streamers like Fubo would take the biggest hit by the new joint venture. Since its announcement, not much has been known about the trio’s streaming platform, not even its name. There was a belief that the platform would have to survive regulatory scrutiny when it was announced, but it would not have to survive the courts first.

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