WBD

New Aluma study indicates that pay TV subs are far more likely to buy the new Venu Sports service, which would accelerate cord cutting

The service, which plans to debut in the fall, will be branded Venu Sports

New shoppable, contextual, interactive and video ad formats will be available on the streaming service in Q4 2024

‘First of its kind offering’ will offer Disney+, Hulu and Max for one yet to be announced price

A joint letter said that the new WBD, Disney, Fox streaming JV raises “serious competition concerns”

Domestic streaming subs fell slightly while global DTC subs increased to 97.7M

Zaslav: streaming venture will help them tap into 60M homes without a pay TV service and said talks on renewing NBA rights “are constructive and productive”

“Every consumer in America should be concerned about the intent behind this joint venture and its impact on fair market competition,” the sports focused vMVPD said

“Our traditional Pay TV market will remain our dominant customer base for some time to come,” Murdoch said during Fox’s earnings call

Combined entity would merge Max with Paramount+ and better compete with Netflix and Disney+