| As FuboTV Sued
Disney and Others over Venu JV
It Closes Saying Could Be
Insolvent by 2025
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
Aug 9 – FuboTV has sued
Disney, Fox and others or
alleged antitrust violations
in their Venu Sports joint
venture, has this week been
arguing for a preliminary
injunction to halt Venu before
it starts. Inner City Press is
covering it.
On August
8 before U.S. District Court
for the Southern District of
New York Judge Margaret
Garnett, defense witness Edwin
Desser was cross examined by
FuboTV's lawyer Rachel
Anderson. Thread.
On August 9,
evidence closed with defense
expert Whinston. Thread
On August 12,
from the summations, thread:
FuboTV's lawyer:
We could be insolvent by next
year. We ask for an
injunction.
FuboTV's lawyer:
FOX and Warner have
essentially admitted they have
never offered unbundled
sports. Disney denies it, but
the facts at trial prove the
opposite.
Judge: But aren't
so-called cord-cutter really
BUNDLE cutters?
FuboTV's lawyer:
Yes... 2d FuboTV's lawyer:
This will be an illegal
monopoly on Day 1. Consumers
will pay the price
Judge:
Thank you for the arguments,
and anything more in writing.
I am mindful of the timing.
The case is
FuboTV Inc. et al. v. The Walt
Disney Company, et al.,
24-cv-1363 (Garnett)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room
500 Pearl Street, NY NY 10007 USA
Mail: Box 130222, Chinatown Station,
NY NY 10013
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2024 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
