Shares of FuboTV (FUBO) are up 37c, or 7%, to $5.72 in pre-market trading after Disney’s (DIS) ESPN, Fox (FOXA) and Warner Bros. Discovery (WBD) said their planned sports streaming joint venture, Venu Sports, will be discontinued. Fubo, which had sued to block the venture, recently settled all litigation with Disney and ESPN related to Venu Sports and announced an agreement for Disney to combine its Hulu + Live TV business with Fubo.
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