
business-and-sports1.605 min read
"Ex-Apple Exec Pete Distad to Lead Joint Sports Streaming Venture"
1 year ago•Source: Deadline
The latest business and sports stories, summarized by AI


Fox, Disney's ESPN, and Warner Bros. Discovery are teaming up to launch a sports streaming platform targeting cord-cutters and cord-nevers, offering a skinnier sports bundle with popular live sports at a cheaper price than traditional cable packages. With an estimated 60-70 million cord-cutter and cord-never households in the U.S., the joint venture aims to tap into the growing market of sports fans turning to internet alternatives. The move reflects the accelerating shift away from traditional pay-TV models, with Disney also planning to offer a stand-alone ESPN streaming app.