(Updates)
** Shares of live TV streaming platform FuboTV reverse course, last up 6.9% at $5.70 premarket
** Walt Disney , Fox Corp and Warner Bros Discovery will abandon the proposed joint venture, Venu Sports, as antitrust concerns continue to loom
** FUBO shares were earlier down about 6% premarket after U.S. satellite TV provider DirecTV challenged a dismissal of FUBO's lawsuit against Venu Sports
** DirecTV said the settlement did not resolve antitrust issues around the sports streaming joint venture
** FUBO had sued the three media giants behind Venu in February, claiming the venture would reduce competition and increase prices for consumers
** FUBO shares had fallen ~60% in 2024
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; ))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。