Disney, Warner Bros and Fox Launch Joint Venture to Stream Live Sports

The appeal of live sports on streaming platforms has just culminated in a collaboration among three media giants. The Walt Disney Company (DIS), Warner Bros. Discovery (WBD) and FOX (FOXA) Corp. announced yesterday (Feb. 6) they will be forming a joint streaming service dedicated to live sports. The platform will include each of the three companies’ existing live sports linear channels, including Disney’s ESPN, Fox’s FS1 and FS2, and WBD’s TNT along with the streamer ESPN+. Disney CEO Bob Iger, Fox CEO Lachlan Murdoch and WBD CEO David Zaslav released...