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  • Los Angeles Times

    What you need to know about the new sports streaming service

    by Stephen Battaglio, Los Angeles Times Feb 08, 2024 4 minutes
    Denver Nuggets owner Stan Kroenke raises the Larry O'Brien Championship Trophy after a 94-89 victory against the Miami Heat in Game 5 of the NBA Finals at Ball Arena on June 12, 2023, in Denver.

    LOS ANGELES — Three major media companies rocked their industry this week when they announced they are banding together to offer a sports-driven streaming service aimed at consumers who don't want to pay a big cable bill.

    But as the dust settles, there are still a lot of questions about the unnamed venture from the Walt Disney Co., Fox Corp. and Warner Bros. Discovery, which they plan to launch ahead of the 2024-25 NFL season in September.

    The three media conglomerates will have equal ownership shares in the new service, which will carry the suite of ESPN channels, ABC, Fox and its cable sports channels, and WBD's TNT, truTV and TBS. Whether they provide enough value for the consumer while generating sufficient revenue to cover the escalating costs of sports rights remains to be

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