What happened? Disney, Fox and Warner Bros. Discovery announced a new sports streaming bundle Tuesday that combines NFL, NBA, MLB and other games from ESPN, ABC, TBS, and Fox Sports networks. The NFL, NBA, and other leagues were caught off guard by the deal, The Wall Street Journal said Wednesday.
Who said what? This is a "major win for sports fans" and "the media business," Disney CEO Bob Iger said. The NFL is "still gathering details to understand this proposed new streaming service," said spokesperson Alex Reithmiller.
The commentary Sports fans, this is the "bundle we've been waiting for," said MoffettNathanson analyst Michael Nathanson. It "knocks down one of the last major pillars of cable, removing one of the last reasons to pay steep monthly fees" for channels you don't watch, USA Today said. You can also see why sports leagues are "concerned" this could weaken their "leverage," said USC sports business professor David Carter.
What next? The streaming collective "does not yet have a name, pricing information or a specific launch date," USA Today noted. |