FuboTV (FUBO) stock rallies in Monday's session after a court injunction blocked the launch of a new rival sports streamer Venu Sports. Venu is the sports streaming platform formed through the partnership of media giants Fox (FOX, FOXA), Disney (DIS), and Warner Bros. Discovery (WBD).

Yahoo Finance entertainment reporter Alexandra Canal breaks down what this setback means for Venu ahead of the NFL season and FuboTV in the streaming landscape.

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This post was written by Luke Carberry Mogan and updated by Angel Smith.