Fox Corp., Warner Bros. Discovery and Disney are teaming up to launch a new sports streaming joint venture that will put ESPN, TNT and Fox Sports on a standalone app.
The service will be launched in the fall, with each media giant owning one-third of the company, having equal board representation and licensing their sports content to the joint venture on a non-exclusive basis. The venture will have its own independent management team.
The offering will provide subscribers with access to content from linear sports networks including ESPN, ESPN+, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, FOX, FS1, FS2, BTN, TNT, TBS, truTV, as well as the ABC network.
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