ESPN, Fox and Warner Team Up to Create Sports-Streaming Platform
ESPN, Fox, and Warner are teaming up to create a supersize sports-streaming service that will offer content from all major leagues, a deal that will reshape the sports and media landscape. The as-yet-unnamed service will be offered directly to consumers, who would be able to stream a host of channels that are heavy in live sports, including ESPN, TNT, Fox, FS1 and ABC, the companies said in a statement. Each of the companies will have one-third ownership of the new service, which is expected to launch in the fall. The companies didn’t announce pricing. The chief executives of Fox, Warner Bros. Discovery and Disney—ESPN’s majority owner—said the new offering would increase choice for fans and give those who have cut the cord to traditional pay-TV a new sportscentric service.
ESPN, Fox and Warner Team Up to Create Sports-Streaming Platform