ESPN, Fox, and Warner Bros. Discovery Announce Joint Sports Streaming Service
The new service aims to consolidate major sports broadcasts, but lacks key NFL and NCAA coverage.
- ESPN, Fox, and Warner Bros. Discovery unveiled a joint venture for a sports streaming service, set to launch in late 2024.
- The service will include a wide range of sports channels but will miss NFL games on CBS and NBC, and CBS’ NCAA Tournament coverage.
- The Department of Justice and Fubo have raised concerns, with Fubo filing an antitrust lawsuit against the companies involved.
- Industry experts see the service as a potential disruptor to traditional cable, but its success may depend on its pricing and the inclusion of major sports events.
- The venture reflects broader trends in the streaming industry, including consolidation and the search for profitable business models.