Discovery to form sports streaming service Venu, which promised to offer access to tons of live sports at less than half the cost of traditional cable bundles.
Unlike ESPN+, this service will have all of ESPN's content, including Monday Night Football games and shows like "First Take."
Disney is doing everything it can to make sure it's not in the same boat — hence its investments in projects like Venu and ESPN Flagship.
Despite that drawback, Nollen is optimistic about ESPN Flagship.
If ESPN Flagship hits those milestones, it can fully offset the losses from pay TV, which it will — ironically — be partially responsible for.
Persons:
—, Venu, Tim Nollen, Nollen, Fubo, Venu Sports, Craig Moffett, Michael Nathanson, MoffettNathanson, Margaret Garnett, Garnett, It's, Peacock
Organizations:
Service, Disney, Media, Business, Netflix, Fox, Warner Bros, ESPN, Football, US, DirecTV, ESPN Flagship, Paramount, NBC, CBS
Locations:
skinnier