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Senator Warren calls for DOJ scrutiny over Disney-Fubo deal

The news: Senator Elizabeth Warren has urged the US Department of Justice (DOJ) to investigate Disney’s acquisition of a controlling stake in Fubo, citing potential anticompetitive concerns.

  • In January, Disney announced it would merge its Hulu + Live TV service with Fubo, with Disney owning 70% of the combined company. This deal ended a previous lawsuit filed by Fubo against Disney, Fox, and Warner Bros. Discovery regarding their proposed sports streaming service, Venu.
  • Warren argues that the deal allows Disney to circumvent the lawsuit while acquiring a competitor, potentially leading to higher prices and less market competition for viewers.