Disney, Fox and Warner Bros Discovery (WBD) have abandoned plans to launch Venu Sports, their live sports joint venture, after it ran into substantial legal opposition. Shares of WBD and Fox fell more than 1 per cent on the news, while FuboTV’s shares were up 7 per cent in premarket trading. The sport streaming venture […]

Disney is to merge its multichannel streaming service Hulu Live TV with competitor Fubo, the companies have revealed in a surprise announcement. As a result, Disney will take a controlling 70 per cent stake in the newco but it will continue to be traded publicly under the Fubo name. Fubo management, including co-founder and CEO […]

FuboTV, the sports-first live TV streaming platform, has reported its financial results for the third quarter ended September 30th 2024. The company, targeting positive Free Cash Flow in 2025, delivered continued top-line growth and bottom-line improvements, including year-over-year (YoY) improvements in Net Loss of $110.1 million and Adjusted EBITDA (AEBITDA) of $98.8 million for the […]

Sports-first live TV streaming platform FuboTV has been successful in stopping the launch of The Walt Disney Company, Fox and Warner Bros Discovery’s Venu Sports joint venture (JV) after its request for a preliminary injunction was approved by the US District Court, Southern District of New York on August 16th. The company describes the ruling […]

FuboTV, the sports-first live TV streaming platform, has reported its financial results for Q2. The quarter marked Fubo’s sixth consecutive quarter of year-over-year (YoY) improvement in its global profitability metrics as it prepares to take on Venu Sports. In North America, the company exceeded guidance, ending the second quarter with double digit YoY growth, delivering […]

Venu Sports, the upcoming standalone streaming service in the US being built through a joint venture between ESPN, a subsidiary of The Walt Disney Company, Fox and Warner Bros Discovery, will be available at a launch price of $42.99 (€39.72) per month, with a seven-day free trial. Anyone signing up for Venu’s launch price will […]

Pete Distad, CEO of the forthcoming sports streaming platform being built through the joint venture created by ESPN, FOX and Warner Bros Discovery, has unveiled the future brand identity for the service. “We are excited to officially introduce Venu Sports, a brand that we feel captures the spirit of an all-new streaming home where sports […]