"Disney, Fox, and Warner Bros. Discovery Announce Joint Sports Streaming Venture"

Warner Bros. Discovery, Fox Corp., and Disney are teaming up to launch a new streaming joint venture that will offer a wide range of sports programming from ESPN, TNT, and Fox Sports on a standalone app, set to debut in the fall. The service will include access to linear sports networks, hundreds of hours of content from major sports leagues, and a new brand with independent management. This move reflects the shift of sports to streaming platforms and marks a significant development for the media industry, with each company owning one third of the new outlet and licensing their sports content on a non-exclusive basis.