This Streaming Sports Deal Will Change Media Forever

By Travis Hoium – Feb 7, 2024 at 2:30PM

NYSE: DIS

Walt Disney

Market Cap

$189B

Today's Change

(2.17%) $2.21

Current Price

$103.91

Price as of May 31, 2024, 4:00 p.m. ET

The streaming landscape just changed with the new sports mega-app.

There's an agreement to launch a sports streaming app, and Fox (FOX 0.72%), Disney's (DIS 2.17%) ESPN, and Warner Bros Discovery (WBD 1.98%) will own equal parts of the service. This could be the biggest shift in TV since cable, and Travis Hoium breaks it down in this video.

*Stock prices used were end-of-day prices of Feb. 6, 2024. The video was published on Feb. 7, 2024.

Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney and Warner Bros. Discovery. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.