Fubo Drops Warner Bros. Discovery Networks, Including HGTV, Food Networks, Discovery

variety.com:

Todd Spangler NY Digital Editor Internet-TV provider Fubo dropped all Warner Bros. Discovery networks from its lineup, alleging that the media company was seeking “above-market rates” and refused to license Turner Sports networks separately.

In a statement Tuesday, Fubo said it attempted to renew its Discovery content agreement with WBD for networks including Discovery, HGTV, Food Network and TLC.

The streamer also was seeking to license Warner Bros. Discovery’s Turner Sports networks, TNT, TBS and truTV. But Fubo said WBD would not negotiate in “good faith” and that as a Warner Bros.

Discovery networks were pulled from Fubo as of April 30 at 5 p.m. ET. “Fubo offered Warner Brothers Discovery market rates for its content and, despite Fubo’s efforts to negotiate in good faith, Warner Brothers Discovery did not provide any counteroffer, and insisted on continuing to offer us above-market rates for its content,” the streaming provider said in a statement. “Fubo views Warner Brothers Discovery’s refusal to engage in good faith negotiations as another example of its abuse of massive market power that ultimately limits consumer choice.” “It is clear to us that Warner Bros.