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Venu Sports has been canceled by Disney, FOX, Warner Bros. [Video]

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Strategic Partnerships and Alliances

Sports in the streaming era is a messy affair, and Venu Sports is a prime example of that. The planned new streaming bundle from Disney, FOX, and Warner Bros was going to launch last fall, but it’s now been canceled before even having the chance to arrive.

The three partners behind Venu Sports—Disney, FOX, and Warner Bros. Discovery—released a joint statement today confirming plans for the streamer have been discontinued.

Here’s the statement:

After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service. In an ever-changing marketplace, we determined that it was best to meet the evolving demands of sports fans by focusing on existing products and distribution channels. We are proud of the work that has been done on Venu to date and grateful to the Venu staff, whom we will support through this transition period.

It’s a surprise turn of events, …

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