DOJ reportedly probes Disney-FuboTV deal over competition concerns

The U.S. Department of Justice is investigating Disney's $220 million acquisition of a controlling stake in FuboTV, sparking concerns about increased market concentration in sports streaming. Following Disney's announcement, the company shelved plans to launch its own platform, Venu, amid a lawsuit filed by FuboTV against Disney, Fox, and Warner Bros. Discovery over the proposed service. Senator Elizabeth Warren has called for an investigation into the deal, intensifying scrutiny of regulatory practices in pay-per-view.