Key Takeaways Venu Sports, the streaming service combining the services of The Walt Disney Co.'s ESPN, Warner Bros. Discovery, and FOX, on Friday was called off before it could launch.The companies said in a joint statement they felt they should be "focusing on existing products and distribution channels.

Venu Sports, the planned sports-centric streaming service that was a joint venture from ESPN (Disney), Fox, and Warner Bros. Discovery will be “discontinued,” the companies said in a joint statement on Friday morning. Officially, it was a “collective decision,” media members were informed — if you choose to believe that.

The sports-focused streaming service co-founded by The Walt Disney Co, Warner Bros. Discovery and Fox Corp. will not move forward, the companies said Friday. Caroline Flack Doc From Disney+ Will Follow Her Mother's Search for Answers in Star's Final Months