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ESPN, FOX, Warner Bros. Discovery Launching Joint Sports Streaming Platform

ESPN

The sports entertainment landscape is about to change drastically in 2024.

ESPN, FOX and Warner Bros/ Discover have announced plans to launch a joint sports streaming platform service later in 2024 and the platform will be owned by a newly formed company with it’s own leadership team, although no details regarding a name or price have been publicly announced yet.

Within the new company, Disney, Fox and Warner Bros. Discovery will each own a one-third stake, according to CNBC.

Consumers will be able to subscribe via a brand new app and will also have the option to bundle the product with the companies’ respective platforms such as Disney+, Hulu and others.

Regarding Disney, it will include ESPN and their sister networks such as  ESPN2, ESPNU, SECN, ACCN, ESPNEWS, as well as the ABC broadcast network.

Warner Bros. Discovery currently broadcasts sports on TNT, TBS and TruTV while FOX has 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.”

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