ESPN, FOX, Warner Bros. Discovery unveil new Venu Sports streaming service

The new streaming service created by FOX, ESPN and Warner Bros. Discovery was annoucned Thursday and titled “Venu Sports.”

As the future of streaming television and sports evolves, the three businesses merged on this venture. It is seen as a “highly anticipated platform,” according to the release.

CEO Pete Distad released a statement regarding the move.

“We are excited to officially introduce Venu Sports, a brand that we feel captures the spirit of an all-new streaming home where sports fans outside of the traditional pay TV eco-system can experience an incredible collection of live sports, all in one place,” Distad said.

“As preparations for the platform continue to accelerate, we are singularly focused on delivering a best-in-class product for our target audience, built from the ground up using the latest technologies to engage and entertain discerning sports fans wanting one-stop access to live games.”

Venu Sports is set to launch this fall.

“Venu Sports, the innovative future streaming platform being built through the joint venture created by ESPN, a subsidiary of The Walt Disney Company, FOX and Warner Bros. Discovery, will bring together the collective companies’ portfolios of sports networks and ESPN+ – including content from all the major professional sports leagues and college sports,” the service’s about information read.

“The formation and launch of the new service is subject to regulatory approval and the finalization of definitive agreements amongst the parties. Venu Sports, scheduled to launch in the fall of 2024, will be made available directly to consumers via a new app. Subscribers would also have the ability to bundle the product, including with Disney+, Hulu or Max. The platform will aggregate content to offer fans an extensive, dynamic lineup of sports content to serve sports fans, particularly those outside of the traditional pay TV bundle.”