Venu Sports, the proposed virtual MVPD service from ESPN, FOX and Warner Bros. Discovery, will be discontinued, the three companies said in what they called a collective decision not to move forward with the contemplated joint venture.

ESPN, Fox and Warner Bros. Discovery announced Friday they were pulling the plug on new streaming service Venu Sports.

Venu Sports, the proposed streaming platform that bundled content from ESPN, Fox and Warner Bros. Discovery, is no more.“After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service,

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday.

Disney’s ESPN, Fox Corp. and Warner Bros. Discovery have thrown in the towel on their joint sports streaming service, Venu Sports, a venture that was first announced last February. The three would-be collaborators acknowledged the decision to walk away from Venu in a statement released this morning.

Walt Disney , Fox and Warner Bros Discovery on Friday abandoned plans to launch Venu Sports, their live sports joint venture, pulling the plug on the much-heralded effort after it ran into substantial legal opposition.

Venu was announced in 2024 as a slimmed-down streaming package carrying the channels that would have offered such channels as ESPN.