Fox, Warner Bros. Discovery and Disney Create New Sports Streaming Venture
Service to be available to ESPN+, Hulu and Max subscribers
Fox Corp., ESPN and Warner Bros. Discovery WBD 0.00%increase; green up pointing triangle are creating a joint streaming platform to share sports assets, a move that comes as the price of sports rights is dramatically increasing.
The service will be available to ESPN+, Hulu and Max subscribers and each company will own one-third of the product, according to people familiar with the matter.
The service is expected to launch later this year.