A group of congressional Democrats is urging the Department of Justice (DOJ) and Federal Communications Commission (FCC) to probe a planned joint streaming sports venture by some of the nation's largest media conglomerates.
Warner Bros. Discovery, Fox Corp. and The Walt Disney Co. are among the media behemoths that have partnered on Venu a direct-to-consumer streaming venture that will provide NFL, MLB, NHL and other games to fans.
A subscription to Venu, which is slated to launch this fall, will cost consumers more than $40 monthly and will be a first of its kind partnership among the media titans.
In a letter this week, Sens. Elizabeth Warren (D-Mass.) Bernie Sanders (I-Vt.) and Rep. Joaquin Castro (D-Texas) asked the DOJ and FCC to...