Seaport Research analyst David Joyce downgraded Fox Corp to Neutral, citing the company’s exposure to the cyclical nature of political advertising. While Fox Corp benefits from strong cash flow during election years, Joyce believes the stock’s current valuation already reflects this potential, prompting the downgrade.
FuboTV scored a significant legal win by obtaining a preliminary injunction against a joint venture between Disney, Fox, and Warner Bros Discovery, halting their plan to control a majority of live sports streaming content. Fubo argues that the JV would have stifled competition and led to higher prices for consumers. The company will continue its lawsuit against the JV partners, aiming to protect consumer interests and ensure a diverse and affordable sports streaming market.
A federal judge has halted a joint venture by Disney, Fox, and Warner Bros. to create a new sports streaming service, Venu, after a lawsuit filed by competitor FuboTV alleging antitrust concerns. The judge ruled that the joint venture would likely harm competition and potentially lead to FuboTV’s bankruptcy.
Venu Sports, a new streaming service combining sports content from Disney (ESPN), Fox, and Warner Bros. Discovery, has announced a monthly price of $43. Launching this fall, the service promises a deep lineup of sports including NFL, MLB, NBA, NHL, and more, along with linear sports networks like ESPN, FS1, TNT, and more. Venu Sports aims to attract cord-nevers, individuals who don’t subscribe to traditional cable or streaming services.
A 5-week-old fox kit that was found injured in Oceana County, Michigan has found comfort in a stuffed animal fox at the West Michigan Wildlife Center. The kit, which was rescued by a good Samaritan, was unable to move when it was found lying on a road. It was taken to the wildlife rehabilitation center in Ada, where it is now receiving care.
TMZ Presents: Arnold & Sly: Rivals, Friends, Icons will delve into the complex relationship between Arnold Schwarzenegger and Sylvester Stallone, showcasing their journey from rivals to close friends. The special will air on Tuesday, April 23rd at 8 p.m. on FOX and will be available for live streaming on DIRECTV Stream and Fubo TV (with free trials available).
Arnold Schwarzenegger and Sylvester Stallone, two iconic action movie stars, dominated the silver screen for decades. Their rivalry and subsequent friendship are explored in a special TMZ airing on Fox on April 23. From Schwarzenegger’s bodybuilding beginnings to Stallone’s breakthrough with ‘Rocky,’ their careers have been intertwined with both competition and camaraderie. Both have left an enduring mark on the action genre, starring in such classics as ‘Terminator,’ ‘Commando,’ and ‘Rambo.’ Despite their once-fierce rivalry, Schwarzenegger and Stallone have become lifelong friends and Hollywood legends.
