ESPN, Fox, and Warner Bros. Discovery are to Launch Comprehensive Sports Streaming Platform in Fall.
Fans anticipate a one-stop app offering content from 15+ networks and all major professional sports leagues, aiming to alleviate rising subscription costs.
Kevin Krim, CEO of EDO, draws parallels to the collaboration akin to early Hulu partnerships, foreseeing success in live sports streaming. Three Media Giants Form Equal Partnership for New Sports Streaming Service.Disney, Fox, and Warner Bros. Discovery to jointly own upcoming sports streaming platform, with details on name and pricing forthcoming.
Warner Bros. Discovery CEO, David Zaslav, lauds the initiative, stating it offers more choice and value for sports fans. The service will showcase a wide range of sports content, including NFL, NBA, MLB, NHL, WNBA, NASCAR, NCAA Tournaments, golf, tennis, and FIFA World Cup. Offerings from 15 linear networks and ESPN+ will be included, with options for bundling with Disney+, Hulu, and/or Max.
Fox CEO and Executive Chair, Lachlan Murdoch, sees the platform as catering to passionate fans seeking diverse sports content in one place. The move coincides with upcoming NBA rights negotiations, driving collaboration amidst competitive bidding from tech giants like Google, Amazon, Netflix, and Apple.
Three Media Titans Unite for New Sports Streaming Service
Disney, Fox, and Warner Bros. Discovery to each hold one-third ownership in the upcoming service, with pricing and name to be determined. Launch slated for fall 2024.
The collaboration marks a significant shift of premium sports programming to the digital realm. Subscribers can bundle the service with Disney+, Hulu, and Max.
Targeting cord-cutters, the platform aims to provide comprehensive sports coverage typically found in traditional pay-TV bundles. Content will include ESPN, ABC, Fox, Warner channels (TNT, TBS), featuring popular shows like Monday Night Football and NCAA college basketball.
