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WSJ Tech News Briefing

TNB Tech Minute: FuboTV Sues Over Sports-Streaming Service

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 20 February 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Walmart buys TV maker Vizio. And a court orders a new trial for music labels suing internet provider Cox Communications. Alex Ossola hosts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:11.0

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0:13.0

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0:15.0

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0:19.0

That's Net Suite.com slash minute.

0:22.0

Here's your TMB. dot com slash minute.

0:27.8

Here's your TMB Tech minute for Tuesday, February 20th. I'm Alex Osala for the Wall Street Journal.

0:30.6

Sports streaming service Fubo TV has sued the media companies behind a new

0:34.5

sports streaming platform scheduled to launch this fall. The lawsuit alleges

0:38.5

that the media companies wouldn't let Fubo carry a small bundle of sports

0:42.0

focused channels that they are now looking to include in the new service.

0:45.6

The suit seeks to block the joint venture among Fox, Warner Brothers Discovery,

0:49.4

and E-SPN parent Disney. Fox and Warner Brothers Discovery didn't immediately respond to requests for comment.

0:55.7

E. S. P.

0:56.7

declined to comment.

0:57.8

Fox and Wall Street Journal Parent News Corp.

1:00.1

share common ownership. Walmart has reached a deal to buy television maker Vizio for $2.3 billion.

1:07.0

The deal gives Walmart access to more opportunities to sell advertising through the TVs that Vizio manufactures,

1:13.4

as well as create entertainment for shoppers, the retailer said.

1:16.6

A spokesman for the company said that Walmart expects the deal to close

1:19.8

as early as the middle of its current fiscal year this summer after regulatory clearance.

1:24.8

And a federal appeals court has tossed out a $1 billion verdict won by music publishers

...

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