FuboTV (FUBO) is under a legal scrutiny just as it prepares to report its first-quarter earnings next week on May 2 before the market opens.

January’s shocking news of Disney announcing plans to acquire Fubo and Fubo dropping its lawsuit against the planned Disney-Fox-WBD joint venture, Venu Sports, led to a lot of reverberations throughout the sports media world.

(Reuters) -Officials at the U.S. Department of Justice are probing Disney's deal to take a controlling stake in streaming company FuboTV, Bloomberg News reported on Wednesday, citing people familiar with the plans.