The sports streaming service planned to be launched by Walt Disney, Warner Bros. Discovery and Fox is called “Venu Sports'' and is on track to launch this fall, company CEO Pete Distad said. he said on Thursday.
Announced in February, the service brings together the companies' extensive portfolio of professional and college sports rights, including the National Football League, National Basketball Association and FIFA World, to bring viewers to cable TV. It is intended to attract young viewers who have not. cup.
Venu Sports will be available directly through the new app, and subscribers can choose to bundle the service with Disney+, Hulu, or Max.
The joint venture is still subject to regulatory approval and the execution of a definitive agreement between the companies.
Fox CEO Lachlan Murdoch said in March that the business was expected to add 5 million subscribers in the first five years.
Murdoch said he expects the venture's addressable market to be between 50 million and 60 million people, adding that he has no concerns about any regulatory hurdles for the venture.
