Fubo Sues Studios to Block Sports Deal, Sony Takes Over Disney Home Videos and Walmart Buys Vizio

Plus: TV usage hits 4-year high, Sam Mendes develops Beatles biopic series and NYT launches generative AI ad tool [Fubo Sues Disney, Fox and Warner Bros. Discovery to Block Sports Streaming Deal]( By Lucas Manfredi Fubo is suing Disney, Fox and Warner Bros. Discovery, accusing the companies of engaging in a years-long campaign of anticompetitive practices to block the sports streaming platform’s business. The antitrust lawsuit alleges that the companies have “leveraged their iron grip on sports content to extract billions of dollars in supra-competitive profits” by charging consumers more for sports content, resulting in damage to both Fubo and its customers. The suit adds that the recently announced sports streaming joint venture “steals Fubo’s playbook and is the latest example of this campaign.” [Read More]( --------------------------------------------------------------- [Peter Pan]( [Sony to Take Over Disney’s New and Existing Home Video Business]( By Drew Taylor Following the announcement that Disney Movie Club, a esoteric but essential Columbia House-like service that Disney ran for more than two decades, would be shutting down this summer, it has now been revealed that Disney is transitioning to a licensed model via an agreement with Sony Entertainment. As part of this new agreement Sony will market, sell and distribute Disney’s new releases plus catalog titles on physical (including 4K Ultra HD, Blu-ray and DVD) to consumers through retailers and distributors in the U.S. and Canada. [Read More]( --------------------------------------------------------------- [Walmart to Buy TV Maker Vizio for $2.3 Billion]( By Eileen AJ Connelly Walmart on Tuesday said it will buy TV maker Vizio for $2.3 billion cash, as the nation’s largest retailer aims to boost its advertising business. Walmart and its warehouse chain Sam’s Club have long sold the TVs, but the Bentonville, Arkansas-based big box retailer said in a statement that the acquisition of the company and its SmartCast Operating System will “enable Walmart to connect with and serve its customers in new ways including innovative television and in-home entertainment and media experiences.” [Read More]( --------------------------------------------------------------- [TV Usage Hits 4-Year High in January, Boosted by NFL Playoffs, Nielsen Says]( [The Beatles]( [Beatles Biopic Series From Sam Mendes in the Works at Sony]( [The New York Times Building in Manhattan.]( [New York Times Plots Launch of Generative AI Ad ToolÂ]( [Moana 2 Disney]( [How ‘Moana 2’ Jumped From Streaming to Theaters — And Could Help Disney Animation Rebound]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](