Two top Congressman want Bob Iger, David Zaslav and Lachlan Murdoch to provide some solid answers about Disney, Warner Bros Discovery and Fox’s proposed sports streaming service.
Putting their political feet on the gas, Rep. Jerry Nadler (D-ny) and Rep. Joaquin Castro (D-tx) want a response by the end of the month, and they want the Department of Justice looped in.
(L-r) Rep. Jerry Nadler (D-ny) and Rep Joaquin Castro (D-tx)
“The Joint Venture raises questions about how this new offering would affect access, competition, and choice in the sports streaming market,” wrote Nadler, the ranking member of the House Judiciary Committee, and Castro, a longtime guardian of antitrust issues in the media, to the trio of CEOs today (read it here). “Without more complete information about the pricing, intent, and organization of this new venture, we are concerned that this consolidation will result in higher prices for consumers...
Putting their political feet on the gas, Rep. Jerry Nadler (D-ny) and Rep. Joaquin Castro (D-tx) want a response by the end of the month, and they want the Department of Justice looped in.
(L-r) Rep. Jerry Nadler (D-ny) and Rep Joaquin Castro (D-tx)
“The Joint Venture raises questions about how this new offering would affect access, competition, and choice in the sports streaming market,” wrote Nadler, the ranking member of the House Judiciary Committee, and Castro, a longtime guardian of antitrust issues in the media, to the trio of CEOs today (read it here). “Without more complete information about the pricing, intent, and organization of this new venture, we are concerned that this consolidation will result in higher prices for consumers...
- 4/16/2024
- by Dominic Patten and Dade Hayes
- Deadline Film + TV
The recently announced Disney, Fox, and Warner Bros. Discovery sports streaming service isn’t exactly going over like gangbusters with much of the industry — and possibly not with the government.
Fubo is the first to sue, though it may not be the last. On February 20, Fubo TV Inc., which bills itself as “the leading sports-first live TV streaming platform,” filed an antitrust lawsuit against the three companies in the new joint venture — and their affiliates. The suit argues that Disney, Fox, and Wbd “have engaged in a years-long campaign to block” Fubo, “resulting in significant harm to both Fubo and consumers.” Those claims date before the surprise February 7 announcement of the trio’s own unnamed (and unpriced) sports-centric service, which the new lawsuit says “steals Fubo’s playbook.”
Hey, if you can’t beat ’em…
The Fubo lawsuit further says the defendants have “leveraged their iron grip on sports content...
Fubo is the first to sue, though it may not be the last. On February 20, Fubo TV Inc., which bills itself as “the leading sports-first live TV streaming platform,” filed an antitrust lawsuit against the three companies in the new joint venture — and their affiliates. The suit argues that Disney, Fox, and Wbd “have engaged in a years-long campaign to block” Fubo, “resulting in significant harm to both Fubo and consumers.” Those claims date before the surprise February 7 announcement of the trio’s own unnamed (and unpriced) sports-centric service, which the new lawsuit says “steals Fubo’s playbook.”
Hey, if you can’t beat ’em…
The Fubo lawsuit further says the defendants have “leveraged their iron grip on sports content...
- 2/21/2024
- by Tony Maglio
- Indiewire
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