"Pay TV Distributors Strategize Against New Sports Streaming Venture"

Pay TV distributors are concerned about the impact of a new sports joint venture announced by Disney, Warner Bros. Discovery, and Fox, which aims to offer live sports outside the traditional cable bundle. The key question for distributors is whether they'll be allowed to offer the same skinny bundle of linear networks, including ABC, ESPN, and others. If the joint venture restricts distributors from offering the same product, it could lead to increased cable TV cancellations and potential legal disputes. The terms of agreement and potential impact on pay-TV distributors are still being negotiated, with limited information disclosed about the joint venture's strategy.