It would appear that a number of media giants are attempting to collaborate and launch a new sports livestreaming service. It was reported this week that ESPN, Warner Bros. Discovery, and FOX have come together and are in talks about said service, and though it doesn’t have a name or price just yet, it’s expected that we could see it launch as early as fall 2024.
The supposed collaboration between ESPN, Warner Bros. Discovery, and FOX was recently reported by CNBC. According to reports, the companies confirmed this possible collaboration on Tuesday, with the likelihood that a new joint-venture company could be formed to oversee the service in which all three companies would have a third of ownership over the service. An entirely new app would also be launched, allowing users to subscribe and manage their accounts in relation to it.
Disney CEO Bob Iger provided a statement to go along with the tease of this new venture:
It has also been mentioned that the service will not be an identical bundle to cable packages, but rather a skinnier gathering of options. It also won’t replace bundles and services that ESPN already offers to viewers.
There’s still a lot more we need to know about this, such as its name, launch date, and pricing, but it looks like sports and sports news could have a new vehicle later this year. Stay tuned for more details as they drop.