If Fubo loses the lawsuit, it could lose hundreds of thousands of subscribers to Venu Sports. This would be a significant blow to Fubo, which has yet to turn a profit and has been struggling to attract and retain subscribers. The potential loss of subscribers could lead to financial difficulties and even bankruptcy for the company.
The streaming wars are heating up, with major media companies spending billions of dollars on content. Disney, Netflix, Comcast, and other companies are investing heavily in original programming and exclusive content to attract and retain subscribers. This aRMs race is putting pressure on smaller streaming services like Fubo, which may not have the resources to compete.