Disney, WBD, Fox pull plug on Venu Sports streaming service before launch
CNN
Venu Sports, the joint streaming service from Warner Bros. Discovery, Fox Corp., and Disney, will be discontinued before it even launched, the trio announced in a surprise decision Friday morning.
Venu Sports, the joint streaming service from Warner Bros. Discovery, Fox Corp., and Disney, will be discontinued before it even launched, the trio announced in a surprise decision Friday morning. The decision, made collectively by WBD, Fox, and Disney, is effective immediately. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,” the trio said in a joint press release. “In an ever-changing marketplace, we determined that it was best to meet the evolving demands of sports fans by focusing on existing products and distribution channels.” The decision to terminate Venu comes four days after Disney announced its Hulu + Live TV service would merge with Fubo, ending the latter’s lawsuit that had for months hampered the fraught sports streaming venture’s launch. While Disney’s Fubo deal would have likely paved the way for the sports streamer’s launch, reports emerged on Thursday that DirecTV and Dish had likewise asked a judge to reconsider dismissing Fubo’s case, signaling further delays in Venu’s launch. This is a breaking news report and will be updated.
When Chad Comey heard sirens outside the Palisades condo he lived in with his parents last Tuesday, he didn’t think much of it. Then the fire alerts started.
Chinese companies moved production to Mexico to have tariff-free access to the US market under the USMCA trade deal. With President-elect Donald Trump now threatening tariffs, these companies and their Mexican hosts are planning their options if the trade restrictions come.
The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others.
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury Secretary Janet Yellen said in a letter to congressional leaders on Friday. The notice comes just three days before President-elect Donald Trump takes office.
A jury in Florida has found CNN liable for defaming a US Navy veteran in a 2021 segment on Afghanistan that included him.
A “technical issue” of a third-party vendor that Capital One uses is affecting some of the bank’s customers to access deposits and other services.
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.
The clock is ticking down on TikTok in America.
The U.S. National Highway Traffic Safety Administration said it was opening a preliminary probe into vehicles manufactured by General Motors after receiving reports alleging engine failure.
There are steps you can take right now to help speed the process of repair and recovery after a devastating weather event, should you ever be directly hit.
Big Oil got its wish: Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.
Chinese social media platform Xiaohongshu, also known as RedNote, has been hiring for a surprising position in recent days: English-language content moderators.
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the bank’s March 2023 collapse, one of the largest US banking failures.
Toyota Motor unit Hino Motors has agreed to a $1.6 billion settlement with US agencies and will plead guilty over excess diesel engine emissions in more than 105,000 US vehicles, the company and US government said on Wednesday.
Apple is temporarily pulling its newly introduced artificial intelligence feature that summarizes news notifications after it repeatedly sent users error-filled headlines, sparking backlash from a news organization and press freedom groups.
In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the United States was “losing $200 billion a year” to its northern neighbor.