Disney's streaming strategy gets more confusing as Venu Sports venture is axed
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Disney's streaming strategy faces uncertainty as it cancels its Venu Sports joint venture with Fox and WBD. Analysts are divided on the potential combination of Hulu + Live TV and Fubo.
January 10, 2025 | 10:45 pm
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Disney has canceled its Venu Sports joint venture with Fox and WBD, leading to uncertainty in its streaming strategy. Analysts are divided on the potential combination of Hulu + Live TV and Fubo.
The cancellation of the Venu Sports venture indicates a shift in Disney's streaming strategy, which could lead to short-term uncertainty and potential negative sentiment among investors. The division among analysts on the Hulu + Live TV and Fubo combination adds to the uncertainty.
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