Venu Sports, the proposed virtual MVPD service from ESPN, FOX and Warner Bros. Discovery, will be discontinued, the three companies said in what they called a collective decision not to move forward with the contemplated joint venture.

Venu Sports, the live sports joint venture, between Walt Disney , Fox and Warner Bros Discovery will be discontinued, the companies said on Friday.

ESPN, Fox and Warner Bros. Discovery have pulled the plug on their collaborative sports streamer, Venu Sports. And with that one of the biggest television stories of 2024 has come to an unceremonious end.

The Walt Disney Company, Fox, and Warner Bros. Discovery have announced that they are canceling their planned Venu Sports streaming service abruptly shutting down a multi-billion joint venture that was legally troubled from minute one.

On Monday, the people behind Venu — the sports streaming service co-owned by Disney, Fox, and Warner Bros. Discovery — were gearing up their launch plans, after solving a legal challenge. A few days later,

Walt Disney, Fox and Warner Bros Discovery on Friday abandoned plans to launch Venu Sports, their live sports joint venture, pulling the plug on a much-heralded effort that ran into substantial legal opposition.

The companies called off what would have been a major bet days after Disney struck a deal with rival streamer Fubo.

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