Disney, Fox, and Warner Bros. announced the discontinuation of Venu Sports, a joint sports streaming service that faced legal challenges and evolved into an unviable product.
The companies stated their decision was because they wanted to better meet the evolving demands of sports fans by focusing on existing products and distribution channels.
Venu Sports aimed to bridge traditional cable with a la carte streaming, targeting sports fans unwilling to pay for expensive cable bundles.
After launching, Venu Sports was sued by Fubo for alleged anticompetitive behavior, which hindered the service's opportunity to gauge audience interest.
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