Sports Streaming Service From Fox, Disney, Warner Bros Blocked by Judge
Provided by
Dow Jones
By Dean Seal
A federal judge has blocked the launch of a streaming service from Fox, Disney's ESPN and Warner Bros. Discovery.
U.S. District Judge Margaret Garnett issued a preliminary injunction on Friday halting the rollout of Venu Sports, which was slated to go live this fall and cover an estimated 55% of U.S. sports rights.
The judge said the joint venture between the media heavyweights would "substantially lessen competition and restrain trade."
Fox and Wall Street Journal parent News Corp share common ownership.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
August 16, 2024 15:59 ET (19:59 GMT)
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