ESPN, FOX, and WBD Form Joint Venture for Sports Service
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ESPN, FOX, and WBD Form Joint Venture for Sports Service

ESPN, a subsidiary of The Walt Disney Company, FOX, and Warner Bros. Discovery have reached an understanding on principal terms to form a new Joint Venture (JV) to build a new platform to house a compelling streaming sports service. The service will be called Venu Sports. Pete Distad, CEO of the forthcoming streaming service, unveiled…