Venu Sports

Venu Sports, or simply Venu (/ˈvɛnju/), was a proposed sports-focused streaming service in the United States, to be operated as a joint venture between ESPN Inc. (a joint venture between The Walt Disney Company and Hearst Communications), Fox Corporation (through the Fox Sports Media Group), and Warner Bros.

Announced on February 6, 2024, it was originally scheduled to launch by the summer or fall of 2024, with each of the three partners owning one-third of the venture, subject to the negotiation of final contracts between them.

Venu sought to bundle the majority of U.S. national sports broadcast rights controlled by the three companies in a single subscription, with limited entertainment and news content.

On August 16, 2024, a federal judge granted a preliminary injunction to block the venture's launch after FuboTV filed an antitrust lawsuit against the partners.

The lawsuit was settled in January 2025 as part of a planned merger of FuboTV with the Hulu + Live TV business, with Disney earning a 70% stake of the combined company.

[9] A subsequent letter to congressional leaders requesting hearings into the service was co-signed by all three providers as well as groups including the Electronic Frontier Foundation.

[27] Separately, Rep. Jerry Nadler, the ranking member of the United States House Committee on the Judiciary, and Rep. Joaquin Castro submitted a letter to Disney, Fox, and WBD on April 16 seeking answers on the impact the new service would have on competition and pricing.

[28] After receiving the owners' replies, Nadler and Castro sent a second letter on June 7, stating that these answers were "insufficient" regarding concerns about preventing collusion, ensuring consumer privacy, and methods to determine the service's pricing.

[29] On August 16, 2024, federal judge Margaret Garnett granted a preliminary injunction against Venu, blocking its launch while the FuboTV antitrust lawsuit continues, stating that the vMVPD is likely to succeed in proving its case that the venture will "substantially lessen competition and restrain trade".

[32] However, DirecTV and Dish Network asked Judge Garnett to reconsider dismissing the case, stating that the antitrust issues remained unanswered and that they could still be harmed by Venu's competition.