(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 ; ))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。