Disney Backed Out of ‘Redundant’ Venu Because of the Rise of Sports Skinny Bundles
Kayla Cobb
.February 05, 2025
Share:
The rise of sports skinny bundles led to The Walt Disney Company’s decision to back out of Venu Sports, the joint streamer between Disney, Warner Bros. Discovery and Fox. CEO Bob Iger revealed the reasoning during the company’s first quarter earnings call for 2025.
“What essentially happened is, after the decision was made and we started to implement the launch of Venu, the emergence of these skinnier bundles surfaced. Venu basically looked redundant to us,” Iger said on Wednesday morning. “This was a great opportunity for us to make ESPN available multiple skinny bundles, and then to actually merge the Hulu live and the Fubo channel businesses into one.”
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you accept and understand our Privacy Settings.