Venu Sports, the planned sports-centric streaming service from ESPN (Disney), Fox, and Warner Bros. Discovery will be "discontinued," the companies said in a joint statement on Friday morning. It was a "collective decision,

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service Venu. Venu was first announced in February and intended to combine the live sports assets of Fox,

The companies called off what would have been a major bet days after Disney struck a deal with rival streamer Fubo.