Disney and Fubo are set to merge their Hulu + Live TV and Fubo offerings into one unified business. Here’s what this means for the future, including the anticipated relaunch of the Venu Sports bundle.
Venu Sports plays a crucial role in the new Disney-Fubo merger
Last year, Disney, FOX, and Warner Bros Discovery announced plans for a new sports bundle service known as Venu.
Set to be priced at $42.99 per month, Venu Sports aims to encompass sports content from all three major streaming platforms. It was envisioned as a sports-oriented platform akin to the original Hulu, designed to consolidate multiple companies under one streaming venture.
Originally slated for a fall launch, the introduction of Venu was halted due to legal action taken by Fubo.
However, today’s announcement of the merger brings promising developments for Venu, Disney, Hulu, Fubo, and beyond.
Here are several key points and impacts:
- All legal issues initiated by Fubo have been formally resolved
- Venu Sports is now positioned to launch at any moment
- Hulu + Live TV will merge with Fubo, forming a new standalone business entity
- Both Hulu + Live TV and Fubo will continue to be available as separate services
- Furthermore, Fubo plans to develop its own sports service that will include Disney-owned channels like ABC and ESPN+
This merger presents a variety of consequences, although it may take some time before we witness its full impact unfold.
Navigating the complexities of sports in the streaming age
The news of today’s merger sheds light on the complex landscape of sports streaming.
It’s particularly intriguing considering that Venu will serve as a significant sports offering for Disney, yet it won’t be the company’s primary sports initiative.
Disney is also actively working to launch its own standalone ESPN streaming service this fall (distinct from ESPN+). This new platform aims to provide the full range of ESPN programming available via cable, but in a streaming format.
This complexity may explain Apple’s interest in securing a comprehensive streaming deal with MLS a few years ago. Without access to all sports on a single streaming service, it can be exceedingly difficult to create an appealing sports option for viewers.
Are you excited about Venu Sports or the changes brought about by the Disney-Fubo merger? Share your thoughts in the comments below.
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