Entertainment

Disney, Fox, Warner Bros. Discovery Reveal Venu Sports Streaming Service

May 16, 2024 1 min read

Jump to Summary

Netflix is collaborating with Skydance Sports and NFL Films, as well as Stardust Frames Productions, to produce a 10-episode documentary series focused on Jerry Jones, the influential owner, president, and general manager of the Dallas Cowboys. The series promises exclusive footage and interviews, charting how Jones transformed the Cowboys into the NFL's most valuable franchise. It will include perspectives from prominent figures such as Troy Aikman, Michael Irvin, Deion Sanders, Emmitt Smith, former U.S. President George W. Bush, and Nike founder Phil Knight. The release dates for the documentary have not been disclosed.

Meanwhile, a new sports streaming service, Venu Sports, is poised to launch in the fall. This service is a joint venture between Disney/ESPN, Fox Corp., and Warner Bros. Discovery. The platform, led by CEO Pete Distad, aims to offer a bundle of live sports content to consumers who do not subscribe to traditional pay TV. Venu Sports will include ESPN+ and content from the companies' sports-centric networks. The service will also offer the option to be bundled with Disney+ or Max. Despite anticipation, pricing details remain unannounced. Regulatory approval is still pending, and the Justice Department is expected to review the venture for potential anticompetitive issues. Concerns have been raised by various industry players, including Fubo and DirecTV, with some calling for congressional hearings to examine competition within the pay-TV market. Fox CEO Lachlan Murdoch has projected an estimated 5 million subscribers for Venu Sports within five years, with an addressable market of 50 to 60 million.

#sports #finance #mergers-and-acquisitions-m-a #business #markets

Summary

Other news in entertainment

Selena Gomez Joins Billionaire Club with Rare Beauty Success

Selena Gomez, a 32-year-old actress and musician, has officially been declared a billionaire, according to the Bloomberg Billionaires Index. With a reported net worth of $1.3 billion, the majority of Gomez's wealth comes from her beauty brand, Rare Beauty, which she launched in 2020. The brand has

Grammy-Winning Brazilian Icon Sérgio Mendes Dies at 83

Brazilian musician Sérgio Mendes has passed away at the age of 83. Mendes was celebrated for his nearly 60-year career, during which he collaborated with notable jazz artists such as Herb Alpert and Cannonball Adderley. He gained international fame with his 1966 album "Herb Alpert Presents Sergio Mendes &

Macaulay Culkin to Tour North America for 'Home Alone' Screenings

Macaulay Culkin, the actor famous for his role as Kevin McCallister in the 1990 film "Home Alone," is set to embark on a North American tour titled "Home Alone: A Nostalgic Night with Macaulay." The tour will feature screenings of the holiday classic followed by a

Green Day Rushes Off Stage in Detroit Due to Safety Concerns

Green Day's concert at Comerica Park in Detroit on September 4th was briefly interrupted due to an unauthorized drone entering the venue's airspace. The pop-punk trio was performing their fifth song of the night, "Longview," when security personnel escorted them off stage. A "