"Media Giants Unveil Game-Changing Sports Streaming Bundle, Prompting Concerns Among Consumers"

After its stock tumbled 23%, streaming pay-TV operator Fubo criticized the new sports streaming venture involving Disney, Fox Corp., and Warner Bros. Discovery, expressing concerns about fair market competition and the impact on consumers. Fubo, known for its sports-focused service, questioned the motives behind the joint venture and its potential to control a significant share of sports content. Despite the challenging economics of the pay-TV business, Fubo has managed to increase its subscriber base, while YouTube TV leads in scale among online pay-TV operators.