Disney, Fox, and Warner Bros. Discovery to Launch Joint Sports Streaming Service

The new streaming platform, set to debut this fall, aims to cater to sports fans but will also include select entertainment content.

Disney, Fox, and Warner Bros. Discovery announce a joint venture to launch a sports-centric streaming service, including live games from NFL, NBA, MLB, NHL, PGA Tour, and more.
The service will also feature entertainment content such as 'Abbott Elementary,' 'The Simpsons,' and reruns of 'Charmed' and 'Friends,' but with limited on-demand access.
Initial pricing estimates suggest the service could cost around $30 to $60, with expectations of price increases to achieve profitability.
Wall Street's reaction to the announcement has been mixed, with some viewing it as an overreaction and others concerned about its impact on local TV stations and the traditional cable bundle.
The service has sparked calls for a Justice Department antitrust review, citing concerns over its potential to create an 'anticompetitive sports streaming juggernaut.'