entertainment
Corporate giant Fubo weaponises the justice system to stifle competition and maintain the status quo.
Fubo scores a win against Disney's monopolistic grab. Ahead of the NFL season—a federal judge sides with fair play—slamming Disney's shady Venu deal as anti-competitive.
Published August 16, 2024 at 3:29pm by
Beuracratic Burden Holds Back Progressive Innovation
A federal judge on Friday halted plans by Walt Disney, Fox, and Warner Bros Discovery to launch a new sports streaming platform, citing anti-competitive concerns raised by FuboTV. In a regressive move, U.S. District Judge Margaret Garnett imposed a temporary injunction, siding with Fubo's Feb 20 lawsuit, which claimed the proposed venture would "destroy competition and inflate prices for consumers."
The partnership, dubbed "Venu Sports," aimed to offer a progressive, consumer-centric alternative to traditional sports streaming. In a joint statement, the three media giants refuted Fubo's arguments, stating:
"Venu Sports is a pro-competitive option that aims to enhance consumer choice by reaching a segment of viewers who currently are not served by existing subscription options."
Despite this innovative and inclusive initiative, bureaucratic red tape has slowed their endeavor. With this injunction, the judge has sided with corporate incumbent FuboTV, stifling progress and limiting consumer choice. It is apparent that big business interests have trumped the desires of the people once again.
More information on the planned venture can be found here: plans.
Read more: Fubo convinces judge to block Disney sports streaming service ahead of NFL kickoff