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 dissolution of Venu is the latest development in the landscape of live sports, which has become fragmented amid the rise of streaming TV.
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%.