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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Disney, Fox and Warner Bros. Discovery’s Sports Streamer Venu to Launch at $42.99 per Month

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variety.com

Brian Steinberg Senior TV Editor Streaming sports on a stand-alone basis won’t be cheap. Venu, the streaming joint venture backed by Disney, Fox and Warner Bros.

Discovery and built around the sports offerings of all three companies, will launch with an initial price tag of $42.99 per month.

The service is expected to debut in the fall in conjunction with the start of the next NFL season. “With an impressive portfolio of sports programming, Venu will provide sports fans in the U.S.

with a single destination for watching many of the most sought-after games and events,” said Pete Distad, CEO of the new outlet, in a statement. “We’re building Venu from the ground up for fans who want seamless access to watch the sports they love, and we will launch at a compelling price point that will appeal to the cord cutter and cord never fans currently not served by existing pay TV packages.” Venu represents a bet by the three media companies that they can launch a thriving business built on the notion that some portion of younger consumers — the ones who don’t subscribe to traditional cable or satellite services — will find value in a broadband portal that offers access to a significant portion of sports available via traditional media.

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