Fubo Escalates Legal Fight Against Disney, Fox, and Warner Bros. Discovery

CEO David Gandler accuses the media giants of anticompetitive practices, as Fubo reports revenue growth and aims for profitability by 2025.

Fubo CEO David Gandler intensifies legal battle against Disney, Fox, and Warner Bros. Discovery, labeling their sports streaming joint venture as a 'duel to the death'.
Gandler accuses the trio of engaging in 'borderline racketeering' through anticompetitive practices, resulting in billions of dollars in damages to Fubo.
Fubo's lawsuit aims to block the joint venture, alleging inflated content licensing rates and forced licensing of unwanted content.
Despite legal and competitive challenges, Fubo reports a 28% year-over-year revenue increase to $410.2 million and a narrowed net loss in Q4 2023.
Fubo aims for positive free cash flow by 2025, forecasting significant subscriber and revenue growth in North America and its Rest of World segment.