VENTURE CAPITAL POST

FuboTV has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery over their sports streaming joint venture.

The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.

Walt Disney's ESPN, Fox, and Warner Bros. Discovery have announced plans to collaborate on a new sports streaming service.

After a failed attempt to buy Sky in 2010, Fox moved again to acquire 61% of the company through a $14.6 billion deal. The deal, however, faced opposition over concerns of potential over-concentration of power since Rupert Murdoch also owns stakes in other firms in the U.K.

One has been closely involved with the family business from his early 20s and is driven to succeed. The other had to be lured back from a decade's hiatus from the company and has operated at the edges of the empire.

Apple Inc is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter.

Brad Pitt's gritty World War Two drama "Fury" conquered all box office foes over the weekend, ringing up $23.5 million in ticket sales at theaters in the United States and Canada.

Fox Network's executives were worried about a week long ratings disaster for Sleepy Hollow TV series after a disastrous 2012-2013 season.