ESPN, Fox, and Warner Bros. Discovery announce launch of Venu Sports streaming platform for cord-cutters

ESPN, Fox, and Warner Bros. Discovery are joining forces to launch Venu Sports, a new sports streaming platform that aims to cater to cord-cutters and fans not served by existing pay TV packages.

Why it matters: Venu Sports offers an attractive alternative for sports enthusiasts who prefer streaming over traditional cable or satellite subscriptions.

The platform will provide access to various sports leagues, including the NFL, NBA, MLB, NHL, WNBA, NASCAR, and college sports, as well as golf, tennis, and soccer.
Subscribers can enjoy studio shows, pre- and post-game programming, and access to ESPN's acclaimed 30 for 30 library and Fox Sports Films documentaries.

Yes, but: Venu Sports still needs to overcome regulatory hurdles before its anticipated fall launch.

FuboTV has filed an antitrust lawsuit against ESPN, Fox, and Warner Bros. Discovery, claiming that they have impeded FuboTV's ability to offer a sports-only streaming service due to bundling requirements.

What's new: Venu Sports will be available for $42.99 per month, providing subscribers with an extensive range of sports content and the option to bundle with other popular streaming services like Disney+, Hulu, and Max.

The platform aims to fill the gap in the market by offering a comprehensive sports streaming experience at a competitive price point.

What to watch: As the streaming landscape continues to evolve, Venu Sports introduces another major player into the sports streaming market, potentially reshaping how fans consume live sports content.

The bottom line: With ESPN, Fox, and Warner Bros. Discovery each holding one-third ownership in the joint venture, Venu Sports has the potential to become a significant player in the sports streaming industry.

The collaboration between these media giants signifies a strategic move to adapt to changing consumer preferences and capitalize on the growing demand for streaming services.
By targeting cord-cutters and cord-never fans, Venu Sports aims to capture a significant segment of the market looking for convenient and flexible sports streaming options.

ESPN, Fox, and Warner Bros. Discovery announce launch of Venu Sports streaming platform for cord-cutters

ESPN, Fox, and Warner Bros. Discovery are joining forces to launch Venu Sports, a new sports streaming platform that aims to cater to cord-cutters and fans not served by existing pay TV packages.

Why it matters: Venu Sports offers an attractive alternative for sports enthusiasts who prefer streaming over traditional cable or satellite subscriptions.

The platform will provide access to various sports leagues, including the NFL, NBA, MLB, NHL, WNBA, NASCAR, and college sports, as well as golf, tennis, and soccer.

Subscribers can enjoy studio shows, pre- and post-game programming, and access to ESPN's acclaimed 30 for 30 library and Fox Sports Films documentaries.

Yes, but: Venu Sports still needs to overcome regulatory hurdles before its anticipated fall launch.

FuboTV has filed an antitrust lawsuit against ESPN, Fox, and Warner Bros. Discovery, claiming that they have impeded FuboTV's ability to offer a sports-only streaming service due to bundling requirements.

The platform aims to fill the gap in the market by offering a comprehensive sports streaming experience at a competitive price point.

The collaboration between these media giants signifies a strategic move to adapt to changing consumer preferences and capitalize on the growing demand for streaming services.

By targeting cord-cutters and cord-never fans, Venu Sports aims to capture a significant segment of the market looking for convenient and flexible sports streaming options.