United States: Pete Distad named CEO of ESPN, Fox & Warner Bro. Discovery's joint streaming platform

Pete Distad has been appointed CEO of the joint venture between ESPN, Fox and Warner Bros. Discovery to launch a joint sports streaming platform in the United States, announced the three groups on 15/03/2024. The date on which he will take up his post has not yet been communicated.

Pete Distad "will assume oversight of all aspects of the joint venture, including overall strategy, distribution, marketing, sales and more. Upon establishment of the joint venture, Distad will report to its board of directors, which will include representatives selected by each of the three companies. He will be based at the to-be-established offices of the joint venture in Los Angeles (California, USA), along with the independent management team he will assemble," explained the three groups.

ESPN, Fox and Warner Bros. Discovery agreed to form a joint venture to launch a joint sports streaming platform in the United States on 06/02/2024. This new streaming service, due to launch in autumn 2024, will bring together the three groups' sports rights portfolios. Sports channels and certain DtoC platforms will…