For many FuboTV subscribers, this was not seen as a good day.
Today, FuboTV announced today that it has lost the following networks from Warner Brothers. Discovery (WBD).
Here are the following networks it lost:
Discovery Channel, TLC, Animal Planet, Investigation Discovery, Oprah Winfrey Network (OWN), Motor Trend, Science Channel, American Heroes, Destination America, Discovery Life, Discovery Family, Discovery Familia, Discovery en Espanol, Hogar, HGTV, Food Network, Travel Channel, DIY, and Cooking Channel.
This what was said in a statement by FuboTV in regards to the loss of these networks.
“Fubo has attempted to renew with Warner Brothers Discovery our Discovery content agreement for its networks including Discovery, HGTV, Food Network and TLC, among others, and to obtain license rights for its Turner sports networks TNT, TBS and truTV. Fubo offered Warner Brothers Discovery market rates for its content and, despite Fubo’s efforts to negotiate in good faith, Warner Brothers Discovery did not provide any counteroffer, and insisted on continuing to offer us above-market rates for its content. Fubo views Warner Brothers Discovery’s refusal to engage in good faith negotiations as another example of its abuse of massive market power that ultimately limits consumer choice.”
The live TV streaming service is also still not happy about the supposed new streaming service WBD has been making with FOX Sports and Disney, which is said to be centered towards sports fans.
“Warner Bros. Discovery has also denied our customers the choice of subscribing to their Turner sports content separately from Discovery content through a more affordable skinny sports bundle. Yet Warner Bros. Discovery has announced that it plans to make this must-have content available in its forthcoming sports streaming joint venture with The Walt Disney Company and FOX Corp.”
It is unclear if and when FuboTV and WBD will head back to the negotiating table to get a new deal for FuboTV subscribers.
FuboTV currently starts at $79.99 a month and is available to stream on the iPhone, iPad, Apple TV, and Mac.
