This was a very interesting article that talked about how huge streaming companies (Disney, Fox, and Warner Bros.) are planning on doing a joint venture that could kill lots of competition in the sports broadcasting market. This is exactly the point that Fubo is making with suing them. Fubo is a relatively small company compared to these other companies with it having about 1% of the subscribers of Disney. I definitely agree with Fubo's point here, and I think this joint venture. is definitely concerning and should be stopped to avoid a monopoly. Fubo also makes the point that if only a couple of companies control the whole market it could be horrible for fans/subscribers because they would be able to jack up the price and leave the customers with no other alternatives. Overall, this joint venture is something that I find concerning and should be stopped in my opinion.
https://www.cnbc.com/2024/02/20/fubotv-sues-disney-fox-warner-bros-over-sports-joint-venture.html
Disney is not the only company that just seems to be allowed to buy up property after property creating such a displacement of media streaming. I have always been frustrated that they haven't been hit by anti-trust laws yet.
ReplyDeleteWhile I agree with FuboTV’s sentiment that Disney, Fox, and Warner Bros joint sports broadcasting venture seems quite monopolistic, I don’t think anything will be done to stop them. Similar points have been made about Amazon’s monopolistic hold over the online shopping market, yet Amazon is still able to thrive and grow, further outpacing any small scale competitors.
ReplyDeleteI see the potential concerns that arrise from this venture, however, instead of trying to sue these companies when the chances of the lawsuit making any progress or having true ramifications... Fubo should be searching for the next business model or more importantly, how to actively engage their viewers. Chances are, nearly everyone has an ESPN, disney plus, hulu, or other sports broadcasting subscription and they will more than likely stick with their chocies for numerous reasons. Overall, I see little effect.
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