We are proud of the work that has been done on Venu to date and grateful to the Venu staff, whom we will support through this transition period.”

In an ever-changing marketplace, we determined that it was best to meet the evolving demands of sports fans by focusing on existing products and distribution channels. ”

“After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service.

The venture was stopped by an antitrust suit from Fubo, but continuing objections were raised Thursday by DirecTV and Dish. Here's the statement from Disney, Fox and WBD:

Big News: Venu is dead. Partners Disney/ESPN, Fox and Warner Bros Discovery said they are throwing in the towel on their sports joint venture. Not clear if Disney's deal with Fubo will get closed.

College football gets HUGE ratings in markets with no pro teams. https://t.co/cLNNj24gyc

If you are interested in the future of TV, you might want to read this. DBC asked me to look at where the industry is heading. The first installment examines how broadcast can avoid ending up on the dust heap of history. Here is a link to the story. https://t.co/QiogCwazJS

Would love to hear what Doug would have said about today’s loss,

Common with T-Mobile marketing head Mike Katz at T-Mobile NewFront.

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