• Wed. May 29th, 2024

Fox, Disney, Warner Bros., and Discovery to Join Forces for New Sports-Streaming Platform Venu Sports

BySamantha Nguyen

May 16, 2024
Fox, Disney, Warner Bros., and Discovery to Join Forces for New Sports-Streaming Platform Venu Sports

The sports-streaming service set to be launched by Walt Disney, Warner Bros. Discovery, and Fox will be named Venu Sports. The CEO of the venture, Pete Distad, confirmed the service is on track for launch in the fall. Announced in February, Venu Sports aims to attract younger viewers not watching cable TV through a bundled offering of professional and collegiate sports rights like the NFL, NBA, and FIFA World Cup.

Venu Sports will be accessible directly through a new app, and subscribers will have the option to bundle the service with Disney+, Hulu, or Max. The joint venture still needs regulatory approval and the finalization of definitive agreements among the companies. Fox CEO Lachlan Murdoch previously stated that they expect 5 million subscribers within the first five years of launch.

The addressable market for Venu Sports is anticipated to be between 50 million and 60 million viewers. Murdoch expressed confidence in overcoming regulatory hurdles for the venture. Venu Sports aims to capture a significant market share of sports streaming services by offering a broad portfolio of sports content to a younger audience.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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