Disney, Fox and Warner Bros. Discovery call off Venu sports streaming service
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Disney, Fox, and Warner Bros. Discovery have canceled their plans to launch a sports streaming service called Venu.
January 10, 2025 | 2:45 pm
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NEGATIVE IMPACT
Disney has canceled its plans to launch the Venu sports streaming service in partnership with Fox and Warner Bros. Discovery.
The cancellation of the Venu sports streaming service could negatively impact Disney's growth in the streaming market, as it was a potential new revenue stream.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Fox has withdrawn from the Venu sports streaming service project with Disney and Warner Bros. Discovery.
Fox's decision to cancel the Venu project may affect its strategy in the sports streaming sector, potentially impacting future growth opportunities.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Warner Bros. Discovery has decided not to proceed with the Venu sports streaming service alongside Disney and Fox.
The cancellation of the Venu service could hinder Warner Bros. Discovery's expansion in the streaming market, affecting potential revenue growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80