Sports fans will have a bundle of decisions to make starting this fall when ESPN, Fox and Warner Bros. debut a joint sports streaming platform, roughly a year before ESPN plans to launch a separate direct-to-consumer (DTC) service.
The joint streaming platform, which so far is an understanding among the three to form the joint venture, will combine their sports network portfolios into a single platform that will be available via a new standalone app, the media giants said in a joint statement. Existing subscribers to Disney Plus, Hulu and/or Max will also be able to bundle the product, the companies said.
They did not disclose the subscription cost but said that pricing will be announced at a later date and that the service is subject to their negotiation of definitive agreements. According to a February 7 CNBC report citing undisclosed sources, the service will cost more than $30 per month.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The platform will include ESPN, ESPN Plus, ABC, FOX, FS1, TNT and TBS and will feature content from all major professional sports leagues and college sports, including NFL, MLB, NBA, NHL, NASCAR, UFC, PGA Tour Golf and UFC, the companies said.
“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,” said Bob Iger, CEO of The Walt Disney Company, the parent company of ESPN. “This means the full suite of ESPN channels will be available to consumers alongside the sports programming of other industry leaders as part of a differentiated sports-centric service.”
Another ESPN launch to come
Separately, ESPN plans to launch its flagship DTC service in August or the fall of 2025, Iger said in a February 7 interview with CNBC.
The service will include all of ESPN’s programming as well as an integration with ESPN’s fantasy platforms and ESPN Bet. The cost of the service was not announced, CNBC said.
When asked if the DTC service would cannibalize ESPN's joint service with Fox and Warner Bros., Iger told CNBC that the two platforms would have differentiated offerings for sports fans.
Too many streaming options?
If you and your wallet are feeling overwhelmed by too many streaming options for too much money, you're not alone. Streaming service subscribers are increasingly walking away from pricey services, according to a recent Wall Street Journal report.
Even so, there are a number of ways to save on streaming, as Kiplinger's guide to streaming services points out. These include taking advantage of limited-time free trial offers.
Just don’t forget to cancel before the bill is due.
Related Content
-
How to Find a Financial Adviser for Retirement PlanningFinding the right financial adviser for retirement planning can save you time and money in the long run.
-
Six Risks of Delaware Statutory Trusts in 1031 ExchangesHere's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.
-
Toyota Recalls More Than 140,000 Vehicles Including Lexus SUVsToyota issued a recall affecting Tacoma and Camry models, as well as the Lexus RX and NX vehicles.
-
Extra Cash? Should You Pay Off Debt or Invest?Depending on your financial situation, you might benefit from paying off debt, investing or both. Here are some things to consider before deciding.
-
January Jobs Report Keeps Rates on Pause: What the Experts Are SayingJobs Report Solid labor market conditions point to the Fed maintaining a cautious stance on borrowing costs.
-
Egg Prices Soar: Use These Credit Cards to Lower Food CostsWith inflation raising grocery bills, one way to save is by maximizing your cash back rewards. Here are some credit cards to consider.
-
Empowering Widows: Five Goals for Financial Security in 2025Tackling these strategies one at a time, whether it's updating estate planning or reassessing investments, can help put you on track for financial stability.
-
What Is Insurance Good For? Let Us Count the WaysYou might resent having to pay premiums, but when disaster or just a minor fender-bender happens, you'll be happy you have the financial backup.
-
The Best ROI? Investing in Yourself This YearIf personal growth is something you invest in only after taking care of all other priorities, it's time to turn that mindset on its head. Here's how to start.
-
The Four Worst Mistakes to Make When Selling Your BusinessFrom ignoring potential buyers to failing to consider what you'll do once you've stopped working, here are the key mistakes to avoid when selling a business.
