Current:Home > Contact-usESPN, Fox and Warner Bros. Discovery plan to launch a sports streaming platform-DB Wealth Institute B2 Expert Reviews
ESPN, Fox and Warner Bros. Discovery plan to launch a sports streaming platform
View Date:2024-12-24 10:22:37
ESPN, Fox and Warner Bros. Discovery announced plans on Tuesday to launch a sports streaming platform in the fall that will include offerings from at least 15 networks and all four major professional sports leagues.
A one-stop app to view most sports should be a welcome sight for fans, who continue to navigate rising costs by subscribing to multiple services.
Kevin Krim, the president and CEO of the ad measurement firm EDO, compared the three companies teaming up for sports like what some networks did when Hulu started in 2008.
"My sense is knowing the cast of characters, they're looking at the original Hulu concept and thinking, 'Well, that worked out really well for us.' So let's do that again. But for live sports streaming," he said.
The three companies will each share one-third ownership in the joint venture. A name for the service and pricing will be announced at a later date.
"This new sports service exemplifies our ability as an industry to drive innovation and provide consumers with more choice, enjoyment and value and we're thrilled to deliver it to sports fans," Warner Bros. Discovery CEO David Zaslav said in a statement.
The platform will include games from the NFL, NBA, MLB, NHL, WNBA, NASCAR and college sports, including the men's and women's NCAA Tournament, as well as golf, tennis and the FIFA World Cup.
It will include offerings from 15 linear networks — ESPN, ESPN2, ESPNU, SEC Network, ACC Network, ESPNEWS, ABC, FOX, FS1, FS2, Big Ten Network, TNT, TBS, truTV — and ESPN+.
Subscribers would also have the ability to bundle the product with Disney+, Hulu and/or Max.
"We believe the service will provide passionate fans outside of the traditional bundle an array of amazing sports content all in one place," Fox CEO and Executive Chair Lachlan Murdoch said in a statement.
The announcement of the bundle also comes as ESPN and Warner Bros. Discovery are preparing to enter negotiations to renew their NBA rights, which expire at the end of next season.
"To me, the thing that's triggering all this is the NBA. We see time and again that the NBA is the second-best franchise on TV behind the NFL," Krim said. "You're sort of staring at that renegotiation and new bids coming in that could include Google, Amazon, Netflix, Apple and others. It's a good way to team up and stay competitive."
ESPN has also been searching for strategic partners as it prepares to launch a direct-to-consumer product in the next year or two.
"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," Walt Disney Company 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."
veryGood! (686)
Related
- Residents urged to shelter in place after apparent explosion at Louisville business
- Attorneys say other victims could sue a Mississippi sheriff’s department over brutality
- Where's Travis Kelce? Chiefs star's disappearing act isn't what it seems
- WNBA playoff games today: What to know for Tuesday's first-round action
- Target will be closed on Thanksgiving: Here’s when stores open on Black Friday
- Analysis: Verstappen shows his petty side when FIA foolishly punishes him for cursing
- Father turns in 10-year-old son after he allegedly threatened to 'shoot up' Florida school
- Tennessee replaces Alabama in top four of college football's NCAA Re-Rank 1-134
- Old Navy's Early Black Friday Deals Start at $1.97 -- Get Holiday-Ready Sweaters, Skirts, Puffers & More
- Halsey Shares Insight Into New Chapter With Fiancé Avan Jogia
Ranking
- A pair of Trump officials have defended family separation and ramped-up deportations
- Exclusive: Watch 'The Summit' learn they have 14 days to climb mountain for $1 million
- GOLDEN BLOCK SERVICES PTY LTD
- St. Johnsbury police officer pleads not guilty to aggravated assault
- Manhattan rooftop fire sends plumes of dark smoke into skyline
- Florida police investigate whether an officer used excessive force in shoving a protester
- The NYPD often shows leniency to officers involved in illegal stop and frisks, report finds
- Maryland’s Democratic Senate candidate improperly claimed property tax credits
Recommendation
-
Biden EPA to charge first-ever ‘methane fee’ for drilling waste by oil and gas companies
-
Kristen Bell Says She and Dax Shepard Let Kids Lincoln, 11, and Delta, 9, Roam Around Theme Park Alone
-
Kim Kardashian Reveals What's Helping Kids North West and Saint West Bond
-
The NYPD often shows leniency to officers involved in illegal stop and frisks, report finds
-
Oil Industry Asks Trump to Repeal Major Climate Policies
-
3 Tufts men’s lacrosse players remain hospitalized with rare muscle injury
-
Heavy rains pelt the Cayman Islands as southeast US prepares for a major hurricane
-
Boeing makes a ‘best and final offer’ to striking union workers