"Peter Distad Takes Helm at Disney, Fox, Warner Sports Streaming Venture"
Peter Distad has been named CEO of the sports-focused streaming-video joint venture backed by Disney, Fox, and Warner Bros. Discovery, with plans to create a new streaming hub for sports offerings. The venture aims to attract viewers who don't subscribe to traditional TV services and generate revenue for the corporate parents. Distad, with extensive experience in streaming from his time at Apple and Hulu, will lead the venture in Los Angeles, focusing on building a fan-focused product without competing for sports rights or creating original content.