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Zaslav’s Sports Streamer Is on Trial for Its Life

After days of withering scrutiny in court, a judge is seriously considering an injunction against Venu, the joint venture from WBD, Fox, and Disney, over alleged antitrust violations.

david zaslav
Since its unveiling in February, pundits have been questioning who Venu is really for: Cord-cutters? Casual fans? Sports rights completionists? Photo: David Paul Morris/Bloomberg/Getty Images
Eriq Gardner
August 14, 2024

Things may yet go from bad to worse for Warner Bros. Discovery, which announced a $9 billion write-down on its television assets last week, sending the company’s stock to an all-time low. The following day, WBD’s chief revenue officer, Bruce Campbell, took the witness stand in a courtroom in Lower Manhattan. I was there when he acknowledged that things are pretty damn “tough” for the TV business right now.