Walt Disney Co.'s streaming strategy is all the more complicated after an action-packed week that began with plans to combine FuboTV Inc. with its Hulu + Live TV product and ended with a shuttering of ...
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
The dissolution of Venu is the latest development in the landscape of live sports, which has become fragmented amid the rise of streaming TV.