NEW YORK — Fubo is taking the first legal crack at the proposed streaming service that targets sports fans. Since 2015, the New York-based company has been offering slimmed-down bundles of TV channels that carry live sports programming — essentially the business plan of the still-to-be-named joint venture from Warner Bros. The three media conglomerates will have equal ownership shares in the new service announced Feb. 6. The suit said Fubo is paying carriage fees that are 30% to 50% higher than its competitors. The joint venture is scheduled to launch in August, in time for the NFL preseason.

Source: Los Angeles Times February 21, 2024 16:25 UTC