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home / news releases / WBD - Disney Warner Bros. Discovery Fox New Sports-Streaming Service Unlikely To Move The Needle

WBD - Disney Warner Bros. Discovery Fox New Sports-Streaming Service Unlikely To Move The Needle

Warner Bros. Discovery Inc.

2024-02-08 06:41:15 ET

Summary

  • Disney, Warner Bros. Discovery, and Fox are launching a joint sports streaming service.
  • The new service will help lower costs for the three companies and increase profitability.
  • However, the service is unlikely to succeed due to continued competition between the three companies and potential cannibalization of the cable business.

The Walt Disney Company ( DIS ), Warner Bros. Discovery Inc. ( WBD ), and Fox Corporation ( FOXA ) announced that they are taking their sports content and bundling it into a new sports-streaming service ....

For further details see:

Disney, Warner Bros. Discovery, Fox New Sports-Streaming Service Unlikely To Move The Needle
Stock Information
Company Name: Warner Bros. Discovery Inc.
Stock Symbol: WBD
Market: NASDAQ
Website: corporate.discovery.com
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