Loading...
Loading...
Browse all stories on DeepNewz
VisitDOJ, Judge Garnett Back Block on Venu Sports Streaming, Including Disney ESPN Content
Nov 27, 2024, 10:11 PM
The U.S. Department of Justice (DOJ) and 16 state attorneys general, led by New York Attorney General Letitia James, have filed amicus briefs supporting a court decision to temporarily block the launch of Venu Sports, a live sports streaming platform. The injunction was issued as part of an antitrust lawsuit brought forward by Fubo, a competing streaming service. Judge Garnett's opinion enjoining Venu Sports has been criticized for lacking sound legal reasoning, with some experts noting it failed to address the concept of 'antitrust injury,' a critical requirement in private lawsuits. Venu Sports aimed to provide sports content from major networks, including Disney's ESPN, Fox, and Warner Bros. Discovery. The DOJ's support for the injunction has sparked debate over its implications for competition and consumer access to low-priced streaming services.
View original story
Markets
No • 50%
Yes • 50%
Market analysis reports from reputable sources such as Nielsen or market research firms
Yes • 50%
No • 50%
Court rulings or announcements from the U.S. Department of Justice or relevant state courts
No • 50%
Yes • 50%
Legal filings or announcements from Disney or ESPN
Lawsuit dismissed • 25%
Venu Sports pays settlement • 25%
Case unresolved by deadline • 25%
Venu Sports wins case • 25%
Final court decision or settlement announcement
Disney ESPN • 25%
Fox • 25%
None by deadline • 25%
Warner Bros. Discovery • 25%
Public announcements or press releases from Venu Sports or the networks
Other outcome • 25%
DOJ escalates case to higher court • 25%
DOJ maintains support for injunction • 25%
DOJ withdraws support for injunction • 25%
Official statements or court documents from the DOJ or involved courts