Three major US media companies, Walt Disney’s ESPN, Fox Corp, and Warner Bros. Discovery, have announced the launch of a new sports streaming platform set to debut in the autumn. The platform will feature a wide range of sports rights, including those for the FIFA World Cup, Formula 1, NFL, NBA, and Major League Baseball. The aim of the joint venture is to attract younger audiences and reduce costs. The service will be available through a new app and will have its own independent management team. Pricing details will be released at a later date. Each company will own one-third of the venture and have equal board representation. The new platform will combine sports linear networks with Disney’s direct-to-consumer ESPN+. Subscribers will also have the option to bundle the product with Disney’s other streaming platforms, including Disney+, Hulu, and Max. The launch has been hailed as a significant development for sports fans and the media industry as a whole.
Not for human consumption
