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ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
CNBC ^ | Tue, Feb 6 20244:30 PM EST | Alex Sherman Jacob Pramuk

Posted on 02/06/2024 3:02:16 PM PST by JSM_Liberty

Walt Disney’s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, giving consumers a new way to access marquee live sports for the first time, the companies said Tuesday. The platform, which will be owned by a newly formed company with its own leadership team, does not yet have a name or a price. Disney, Fox and Warner Bros. Discovery will each own a one-third stake. Consumers would be able to subscribe directly via a new app. Subscribers would also have the ability to bundle the product with the companies’ streaming platforms Disney+, Hulu and Max.

The product will be a skinnier bundle of linear networks than a standard cable offering, specifically tailored for sports fans. It will consist of all the broadcast and cable networks owned by Disney, Fox and Warner Bros. Discovery that carry sports, along with ESPN+. From Disney, that includes ESPN and its sister networks, such as ESPN2, ESPNU, SECN, ACCN, ESPNEWS, as well as the ABC broadcast network. Warner Bros. Discovery’s networks that showcase sports are TNT, TBS and TruTV. Fox will include the Fox broadcast station along with FS1, FS2 and BTN. “The launch of this new streaming sports service is a significant moment for Disney and ESPN, a major win for sports fans, and an important step forward for the media business,” Disney CEO Bob Iger said in a statement. “This means the full suite of ESPN channels will be available to consumers alongside the sports programming of other industry leaders as part of a differentiated sports-centric service.”

The launch of the product will not stop ESPN from offering a full direct-to-consumer streaming product, which Disney is still researching, according to a person familiar with the matter. ESPN has previously said it plans on releasing that product this year or next year. The competitors expect to form the joint service at a time when the value of sports media rights is spiking, but viewers have moved away from watching on traditional cable. Disney, in particular, has suffered from a shift away from its ESPN network, and has sought new ways to revive the business, including searching for strategic partners such as the National Football League and the National Basketball League.


TOPICS: Culture/Society
KEYWORDS: cordcutters; disney; espn; fox; sportsstreaming; warner

1 posted on 02/06/2024 3:02:16 PM PST by JSM_Liberty
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To: JSM_Liberty

Sports is dying. It’s simply unwatchable


2 posted on 02/06/2024 3:05:42 PM PST by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: JSM_Liberty

Oh good - something else to never watch.


3 posted on 02/06/2024 3:11:02 PM PST by AAABEST (That time Washington DC became a corrupted, existential threat to us all...)
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To: shanover

I blame ESPN for that. No matter what sport, it seems that the players goal in each game is to make the daily highlight reel.


4 posted on 02/06/2024 3:11:12 PM PST by yuleeyahoo (“Pay no attention to the man behind the curtain!” - the deep-state)
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To: JSM_Liberty

The era when sports were broadcast for only the charge of watching commercials is coming to an end. Soon you will be charged for whatever you wish to watch and of course you will still be required to watch more commercials than ever. Eventually the whole thing will collapse.


5 posted on 02/06/2024 3:14:17 PM PST by allendale
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To: JSM_Liberty

Paraphasing Rush about Obama “I hope it fails”


6 posted on 02/06/2024 3:18:52 PM PST by bigbob
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To: shanover

In a way I think you’re right and, in a way, wrong.

Only Power-5 conference teams have very good attendance at their games, except for a few top FCS teams in football. In basketball Mid-major teams generally have poor attendance compared to “back in the day”.

The problem appears to be that the students, and others, would rather stay in their dorm rooms and apartments and watch on ESPN than to go to the game in person, so sports on TV is huge!


7 posted on 02/06/2024 3:19:31 PM PST by libertylover (Our biggest problem, by far, is that almost all of big media is AGENDA-DRIVEN, not-truth driven.)
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To: bigbob

How about: Is it legal?


8 posted on 02/06/2024 3:19:46 PM PST by DIRTYSECRET
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To: All

I consider this actually interesting due to the parties involved. ESPN partnering w/ Fox Sports?


9 posted on 02/06/2024 3:25:50 PM PST by FLNittany (Autotune is jealous of Karen Carpenter)
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To: shanover

Wrong.


10 posted on 02/06/2024 3:36:32 PM PST by MotorCityBuck (Keep the change, you are filthy animal! )
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To: JSM_Liberty

Ever since a lot of the Pro players took a knee a couple of years ago, I have not watched.


11 posted on 02/06/2024 3:38:55 PM PST by Parley Baer
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To: JSM_Liberty

Yes, the consumer is aching for yet another streaming service. NOT


12 posted on 02/06/2024 3:41:31 PM PST by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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To: allendale

Money money money. The Elites love their money


13 posted on 02/06/2024 3:41:54 PM PST by Karoo
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To: yuleeyahoo

Want a contrast? YouTube has a few Monday Night Football games from the early 70s. Give them a watch.


14 posted on 02/06/2024 3:58:17 PM PST by bobcat62
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To: JSM_Liberty

ESPN has really dropped the ball on sports broadcasting. They’ve become the PBS of sports. They should have really reinvented themselves as a one-stop streaming sports service when streaming was starting to pick up steam.


15 posted on 02/06/2024 4:08:50 PM PST by Extremely Extreme Extremist
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To: shanover

D1 women’s basketball is interesting
Iowa ( watch Caitlyn Clark chase the record)
Ohio State (Go Cotie love Jacey Sheldon)
Stanford (cam Brink)
USC (watching Juju start on her chase for the record)
South Caroline (how will they be without Cardosa)
LSU (Angel Reece is a character. Coach Kim was gracious to my girls at an AAU game in Cincinnati)


16 posted on 02/06/2024 4:23:13 PM PST by griswold3 (Truth, Beauty and Goodness. )
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To: JSM_Liberty
Disney's bundling them up to cut redundant staff and support functions. Expect massive layoffs in the near future.

These aren't three distinct entities as they're all connected under the ABC/Disney umbrella.

I would also expect them to unload the bundled entity after cutting all the fat. The time to sell is now because sports will only continuing their decline in viewership.

17 posted on 02/06/2024 5:35:15 PM PST by T.B. Yoits
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To: FLNittany

It will be the first time Fox has ever made sports broadcast streaming services available without having to have a ‘provider’ such as Comcast, YouTube TV, Direct TV etc. It actually has the potential to really hurt those aforementioned services. I have DTV Stream in order to watch FS 1 & 2 and BTN. I won’t have to do that anymore if I don’t want to. Could be a big savings.


18 posted on 02/06/2024 7:30:46 PM PST by redangus ( )
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To: redangus

For B1G big games in 2024:

Noon: Fox
3:30: CBS
8:00: NBC

Hope NBC winds up w/ the tOSU @ PSU game and it becomes the Whiteout game.


19 posted on 02/06/2024 7:56:31 PM PST by FLNittany (Autotune is jealous of Karen Carpenter)
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