The planned Venu Sports streaming service has been scrapped by ESPN, Fox, and Warner Bros. Discovery, who cited a shifting marketplace and emerging options for fans.
Due to a legal dispute and opposition from other companies, the launch of Venu was halted. The market landscape has shifted, prompting the decision to refocus efforts.
In a joint statement, ESPN, Fox, and Warner Bros. Discovery explained that they will prioritize their existing products and distribution avenues to better serve evolving fan demands.
ESPN is set to concentrate on its own streaming service, which is anticipated to launch later this year, responding to the changing preferences of sports fans.
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