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Sunday, jan 12
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Streaming Services
Business
Game Over For Venu Sports: ESPN, FOX, Warner Bros. Discovery Scrap Joint Streaming Venture
Three giant media companies have abandoned their plans to launch Venu Sports, a service that aimed to drastically shake up the streaming industry by bundling many sports channels together, officials said. Venu Sports has officially been discontinued, ESPN said in a news release on Friday, Jan. 10. The massive venture was a partnership between the "Worldwide Leader in Sports," FOX, and Warner Bros. Discovery. The companies released a brief statement announcing the end of Venu Sports. "After careful consideration, we have collectively agreed to discontinue the Venu Sports joint ven…
Business
Disney, Fubo To Combine Streaming Services In Major Merger
Disney is set to acquire a majority stake in FuboTV Inc., merging its Hulu + Live TV service with Fubo in a transformative deal expected to reshape the streaming landscape. The combined business, operating under the Fubo name, will continue offering Hulu + Live TV and Fubo as separate services, the companies announced in news releases on Monday, Jan. 6. With 6.2 million North American subscribers, the new venture aims to deliver greater consumer choice through expanded programming and flexible pricing. "This combination enables us to deliver on our promise to provide consumers with g…
News
Disney+ To Raise Prices Along With Several Other Major Streaming Services
Another year, another streaming service price hike. Disney+, the streaming video platform that boasts more than 150 million users, is raising the price of its monthly subscriptions beginning Thursday, Oct. 17, the company said. The spike comes as Disney said it will crack down on password-sharing, Variety reported. The House of the Mouse announced earlier this year that prices for its most basic package with advertisements will climb from $8 to $10 monthly. Disney+ Premium will also rise by $2 to $16 monthly. Yearly plans will jump up $20 to $160 a year, the company said. Hulu,…