ESPN, Fox, and Warner Bros. Discovery scrap plans for Venu Sports, a virtual MVPD service, in a surprise industry shakeup.
beat sheet
The companies cited a 'collective decision' to discontinue the Venu Sports joint venture, catching industry insiders off guard.
Venu Sports was positioned to challenge major players like YouTube TV and Hulu + Live TV, but sources say the complicated partnership proved too difficult to execute.
ESPN, Fox, and Warner Bros. Discovery scrap plans for Venu Sports, a virtual MVPD service, in a surprise industry shakeup.
beat sheet
The companies cited a 'collective decision' to discontinue the Venu Sports joint venture, catching industry insiders off guard.
Venu Sports was positioned to challenge major players like YouTube TV and Hulu + Live TV, but sources say the complicated partnership proved too difficult to execute.