Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels
The sports-focused streaming service will not move forward, the companies said Friday. — Venu is dead.
The Hollywood Reporter Alex Weprin
Related Coverage
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Discussion
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@chriswelch
Chris Welch
on threads
So the end result of all this is just... less competition? Now that Fubo and Hulu with Live TV have merged? Cool. Cool cool cool. Streaming TV prices are gonna get truly outrageous in 2025.
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@xpangler
Todd Spangler
on x
Before it could open, Venu is closed. Read about why Disney, Fox & Warner Bros. Discovery are ceasing their sports streaming joint venture https://variety.com/... via @variety
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@alexweprin
Alex Weprin
on x
Just in: Venu, the sports streaming service, is dead. Disney, WBD and Fox are pulling the plug.
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@pkafka
Peter Kafka
on x
Last week the JV settled a legal fight with Fubo that they thought would let them launch. But DirecTV and Dish were threatening their own suits, so...
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@jacobfeldman4
@jacobfeldman4
on x
RIP Venu Sports [image]
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@novy_williams
Eben Novy-Williams
on x
BREAKING: Venu Sports, the product joint launched by ESPN, Fox and WBD, will be “discontinued”. [image]
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@matthewstoller
Matt Stoller
on x
The mega sports streaming joint venture is dead. Disney/Fox/Warner Bros have pulled the plug on Venu, Disney's purchase of Fubo has a better rationale now. [image]
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@espnpr
@espnpr
on x
Venu Sports, the proposed virtual MVPD service from ESPN, FOX & Warner Bros. Discovery, will be discontinued The collective decision by the three companies not to move forward with the contemplated joint venture is effective immediately More: https://espnpressroom.com/... [image]
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@sherman4949
Alex Sherman
on x
Wow! A bit of a stunner given the recent Fubo news .... Venu will NOT launch. ESPN, WBD and Fox just released a statement saying it has decided not to launch the JV given “the evolving demands of sports fans by focusing on existing products and distribution channels.”
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@sherman4949
Alex Sherman
on x
This is a major bummer for everyone who had been hired by Venu, which has continued to hire even through the Fubo temporary injunction. Several I spoke with were extremely happy earlier this week after the Fubo merger. This is a shocking reversal. https://www.cnbc.com/...
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@pkafka
Peter Kafka
on x
New from me: Venu is dead, killed by the threat of more antitrust suits. Likely to replace it: A new sports skinny bundle, sold by Fubo, which will included Disney/ESPN and likely Fox sports as well. https://www.businessinsider.com/ ...
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@ourand_puck
John Ourand
on x
Shocker
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@pkafka
Peter Kafka
on x
Quick take from an interested party: “the undisputed winner is Fubo.”
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@sherman4949
Alex Sherman
on x
What happened with Venu? I thought it was gonna launch after that Fubo deal this week! Sources tell me the lawsuits filed by Dish and DTV that threatened to keep the Fubo lawsuit going played a big role in dooming the service. Story below: https://www.cnbc.com/...