News Roundup: What the Shocking ESPN-FOX-WBD Streaming Service Deal Could Mean for the Future
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The entire sports-media industry was abuzz on Tuesday with the unexpected announcement that ESPN, FOX, and Warner Bros. Discovery will join forces to build and launch a direct-to-consumer sports streaming service by the end of 2024. While still just an “understanding on principal terms” at this point, the planned joint venture to build a new platform from the ground up and bring together each of the companies’ sports portfolios to a single streaming service promises to change the face of the sports-media industry as we know it today.
Here’s a roundup of analysis to give SVG readers an ideal of how the deal could impact the future of the business:
- What Sports Fans Need to Know About a New Streaming Service (NY Times)
- It’s Far Too Early to Call It a ‘Game Changer’ – Here Are the Big Questions (Dan Rayburn)
- Does the Winners’ Bundle Change Everything or Is It DOA? (Lightshed Partners)
- Greenfield: ESPN Should Have Been in a Sports Bundle ‘From the Beginning’ (CNBC)
- Nathanson: Fox/WBD/ESPN Partnership Is ‘Natural Outcome’ of Sports Streaming (CNBC)
- New Sports Streaming Bundle Could Be a ‘Monster’ — or a Dud. Here are Big Questions (CNBC)
- ESPN, Fox, Warner Joint Venture to Take Sports Streaming into the Future (Sports Business Journal)
- Success of New Sports Streaming Bundle Hinges on Key Question: What Will It Cost? (Variety)
- Why ‘Re-Bundling Has To Happen’: Breaking Down the New Streaming JV (NextTV)
- ESPN, Fox, and Warner Bros. are Putting Together a Juggernaut Sports Streaming App (The Verge)
- ‘Hulu of Sports’ Service Will Test Consumer Loyalty to Cable (BNN Bloomberg)
- This Is a Counterstrike Against Big Tech and Rights Fees Inflation. Here’s How. (Yahoo Finance)
- Fubo Stock Plunges 25% After Big Media Companies Announce New Sports Venture (B&C)
- ESPN-FOX-WBD Mega Streaming Skinny Bundle To Shape TV’s Future (Sportico)
- Fox Eyes 60M Non-Cable Homes as Market for Joint Streamer (Sportico)
- Fox CEO Says New Sports Streaming Service Is Aimed at ‘Cord Nevers’ (WSJ)
- Big Media Circles the Wagons On Sports to Fend Off Tech Giants — Will It Work? (THR)
- New ESPN, Fox, WBD Streaming Venture Won’t Solve Much — At Least Not Yet (The Athletic)
- As the Great Sports Rebundling Begins, Plenty of Questions Left Unanswered (PUCK)
- How ESPN, Fox and WBD’s New Streaming Service Could Impact Advertisers (AdAge)
- Streaming Venture From ESPN, Fox and Warner Blindsides Sports Leagues (WSJ)
- New Sports Venture Not Open To Additional Partners: Lachlan Murdoch (B&C)
- Disney’s Bob Iger Minimizes Impact Sports Venture Will Have on Cord-Cutting (B&C)
- New Sports Streaming Service from ESPN/Fox/WBD May Cost $50 a Month (Gizmodo)
- Success of New Sports Streaming Bundle Hinges on a Key Question: What Will It Cost? (Variety)
- Analyst: Service Will Cost $40/Month, Disney Will Control Half of the Economics (NextTV)