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Fubo Under DOJ Investigation Over Disney Merger

In a significant development, Fubo is currently facing a Department of Justice (DOJ) investigation regarding its merger with Hulu Plus Live. Rumored to involve a major financial restructuring where Disney would own a 70% stake in a joint entity, concerns have arisen over potential anti-competitive issues. The merger, which initially aimed to birth a new streaming service named Venue Sports, faced complications, stemming from preliminary injunctions won by Fubo in favor of stopping Venue Sports from launching.