Disney CEO Bob Iger Says “Venu Basically Looked Redundant To Us” As Other Skinny Bundles Emerged
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Disney CEO Bob Iger announced that the planned streaming sports joint venture, Venu, is being shelved as ESPN has other opportunities to join 'skinny' bundles. This decision reflects Disney's strategic shift in response to emerging market trends.
February 05, 2025 | 3:15 pm
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Disney has decided to shelve its planned streaming sports joint venture, Venu, as ESPN has other opportunities to join 'skinny' bundles. This move indicates a strategic shift in Disney's approach to streaming services.
The shelving of Venu suggests Disney is adapting to market trends by focusing on more viable opportunities for ESPN. This decision may not have an immediate impact on Disney's stock price but reflects a strategic realignment.
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