ESPN, Fox, and Warner Brothers have announced plans to launch a joint streaming service later this year dedicated to broadcasting live games across 15 channels and featuring all four major leagues.
Lachlan Murdoch, CEO and Chairman of Fox, stated in a declaration to ESPN, „We believe that the service will provide passionate fans outside of the traditional package with a range of fantastic sports content in one place.“
Fifteen channels have been announced for the service’s broadcast, aiming to make it as comprehensive as possible. Top channels include ESPN, ESPN+, ESPN2, ESPNU, SEC Network, and more, broadcasting leagues such as NBA, NFL, NHL, WNBA, MLB, and NASCAR.
Consumers can sign up directly through the app and have the option to bundle the service with Disney+, Hulu, or Max. CNBC estimates the price of the service to be between $45 and $50 per month. Subscribing to each of these streaming services (ESPN+, Fox, and Warner Brothers) individually would total $25.98 per month.
Bob Iger, CEO of the Walt Disney Company, expressed in a statement to ESPN, „The launch of this new streaming sports service is a significant moment for Disney and ESPN, a major win for sports fans, and an important step forward for the media business.“
Disney has been seeking a strategic partner for ESPN, and initial discussions with minority investors in the business may follow as they aim to strengthen their streaming capabilities.