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Disney makes antitrust problem go away by buying majority stake in competitor (arstechnica.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

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[–] jqubed 5 points 2 weeks ago (1 children)

From Fubo’s statement to Ars:

The definitive agreement that Fubo signed with Disney today will actually bring more choice to the market. As part of the deal, Fubo extended carriage agreements with Disney and also Fox, enabling Fubo to create a new Sports and Broadcast service and other genre-based content packages. Additionally, as the antitrust litigation has been settled, the Venu Sports partners can choose to launch that product if they wish. The launch of these bundles will enhance consumer choice by making available a broad set of programming offerings.

So they’ll increase competition by having Venu compete with… itself?

[–] [email protected] 3 points 1 week ago

The classic, we bought them to sell our product and then in a few years fully merge (see Hulu) so they no longer are even a product!