DOJ reportedly probes Disney-FuboTV deal over competition concerns

US Department of Justice To try Disney’s consent Buy a controlled stake in Fubotv that reports of Bloomberg. Fubo is a live television flow service known to him Extensive sports coverage. Authorities examine that the transaction is a concentration of power in the field of sports flow.

Disney in January announced that it went Merge Hulu + Live TV Streaming Service with FUBOAs a result, create the second largest digital payment-TV provider behind YouTube TV. Under the transaction conditions, Disney will make up about 70% of FUBO.

Deal FUBO’s Scheduled Sports Flow Service of Disney, Fox and Warner Bros. A few days after the announcement of the transaction, companies broke their plans for Venu. To make a disney and fox claim, Fubo agreed to pay $ 220 million.

Bloomberg’s report comes two months after Senator Elizabeth Warren Called the DOJ to investigate the Disney-Fubo dealThe agreement was a way to escape Disney’s claim and to collapse the competition.