According to Variety, the sports streaming service Venu will launch next month but won't be cheap.
What's Happening:
- The new streaming service, Venu, will launch in the fall featuring sports offerings, and be backed by Disney, Fox, and Warner Bros. Discovery.
- The initial cost will be $42.99 per month.
- The plan is that they will reach younger consumers who don't have traditional cable or satellite service.
- The company will offer a free seven-day trial for those who sign up and will have the ability to cancel anytime.
- Customers will also be guaranteed the initial monthly rate for a year from the time they sign up.
- They plan to eventually create an app for the service and distribute it in bundles that could include Disney+, Hulu, or Max.
Subscribers Will Have Access To:
What They’re Saying:
- Pete Distad, CEO of Venu: “With an impressive portfolio of sports programming, Venu will provide sports fans in the U.S. with a single destination for watching many of the most sought-after games and events. We’re building Venu from the ground up for fans who want seamless access to watch the sports they love, and we will launch at a compelling price point that will appeal to the cord cutter and cord never fans currently not served by existing pay TV packages.”
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