sports-streaming service set to be launched by Walt Disney, Warner Bros. Discovery and Fox will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture’s CEO, said Thursday.Announced in February, the service will try to woo younger viewers who are not tuned in to cable TV with a bundled offering of the companies’ broad portfolio of professional and collegiate sports rights, including the National Football League, the National Basketball Association and FIFA World Cup.Venu Sports will be available directly through a new app and subscribers can opt to bundle the service with Disney+, Hulu or Max.The joint venture still requires regulatory approval and the finalization of definitive agreements amongst the companies.Fox CEO Lachlan Murdoch said in March that the venture was expected to have 5 million subscribers in its first five years.The addressable market for the venture is expected to be between 50 million and 60 million, Murdoch had said, adding he did not have any concerns about regulatory hurdles about the venture..
Read more on nypost.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.