Prior to this case, $fuboTV Inc.(FUBO)$ had been fighting an "antitrust lawsuit" from Venu Sports.Venu Sports is a sports streaming service launched by $Walt Disney(DIS)$ $Warner Bros. Discovery(WBD)$ and $Fox Corporation Class B(FOX)$ a joint sports streaming service.Fubo believes that Venu is deliberately motivated to prevent distributors like Fubo from accessing unbundled sports content, and therefore can would likely substantially lessen competition in the marketplace, and therefore progress through the end of 2024 has been made to gain the support of the DOJ, and also the support of a number of states, including NY, CA
Fubo TV Up 200%! Is There Still Room to Chase?
Disney will merge its Hulu + Live TV business with Fubo and own 70% of the combined company, the companies said, Fubo jumps nearly 200% in the premarket trading. ---------- Will you trade the stock? Is there still room to chase high? What's your target price?
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