USA: Fox, Disney & Warner Bros. Discovery abandon plans to create the Venu Sports OTT platform

US groups Fox, The Walt Disney Company and Warner Bros. Discovery have abandoned plans to create the Venu Sports OTT platform in the United States, they announced on 10/01/2025.

"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," said the three groups.

This announcement comes just a few days after the announcement of the merger of the activities of Fubo and Hulu+ Live TV (Disney's OTT platform) to form a single entity in the United States on 06/01/2025. The merger also put an end to Fubo's lawsuit over the launch of Venu Sports.

Disney, Fox and Warner Bros. Discovery had announced the creation of this joint streaming platform dedicated to broadcasting sports competitions in February 2024…