FuboTV Files Lawsuit Against Disney, Fox, and Warner Bros. Over Joint Streaming Service

FuboTV has filed an antitrust lawsuit against Disney, Fox, and Warner Bros. Discovery, alleging that the companies are engaging in anticompetitive practices to hinder its business. The lawsuit comes after the announcement of a joint sports streaming service by the defendants, which FuboTV claims will eliminate competition and lead to higher prices for consumers. FuboTV accuses the companies of charging higher content licensing rates, forcing unwanted channels to be bundled with sports offerings, and limiting its ability to offer desired streaming products. The streaming service is seeking to prohibit the joint venture's launch or impose restrictions on the defendants.