DOJ reportedly probes Disney-FuboTV deal over competition concerns

In Brief The U.S. Department of Justice is probing Disney’s deal to take a controlling stake in FuboTV, Bloomberg reports. Fubo is a live TV streaming service known for its extensive sports coverage. Officials are examining whether the deal would create a concentration of power in the sports streaming market.In January, Disney announced that it was going to merge its Hulu + Live TV streaming service with Fubo, ultimately creating the second-largest digital pay-TV provider behind YouTube TV. Under the terms ...