Venu Sports Joint Venture Scrapped By Partners
The combined business of former adversaries will operate under Fubo’s publicly traded company (stock symbol FUBO) as the nation’s sixth-largest pay-TV operator with 6.2 million subscribers and be led by the existing Fubo management team with a cash infusion from Disney.
Media companies scrap Venu Sports streaming service before it even started
The planned streaming service Venu Sports has been scrapped before it ever started. Its planned launch last year was stopped due to a court fight with Fubo’s streaming business. Although that was recently settled, other companies had signaled they were going to oppose Venu.
However, there's one related stock that fell even harder on Friday.
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