FuboTV (FUBO) is filing a lawsuit seeking to block a sports streaming joint venture between Disney's ESPN (DIS), Warner Bros. Discovery (WBD), and Fox (FOX, FOXA). Fubo argues the partners' plan to offer a bundled sports streaming package encourages illegal market manipulation and undercutting its competitors. Yahoo Finance's Alexandra Canal, Pras Subramanian, and Josh Schafer discuss the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Paramount+ (PARA) and NBC's Peacock are in talks to join forces. What could this potential merger mean for the greater media landscape and other streaming platforms? Citi Managing Director Jason Bazinet joins Yahoo Finance Live to take a closer look at what this could mean for competition. “I’m in the minority” states Bazinet who suggests that consolidation could be one way to “compete with the likes of Netflix.” With one major concern being pricing for consolidation, Bazinet stated that “pricing will go up,” but insists that consolidation ensures cost savings because “we have too many apps.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim
The streaming platform is suing the companies on antitrust grounds, saying their sports streaming venture suppresses competition.