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Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service

Venu was first announced in February and intended to combine the live sports assets of Fox, WBD and Disney-owned ESPN.

They believed they had a pathway forward to launch the service after Disney agreed earlier this week to merge its Hulu+ Live TV with Fubo, settling all litigation over Venu. And two days ago, satellite providers DirecTV and Dish sent letters to federal court arguing that the legal questions brought up by the judge remained unanswered. Earlier this week, Disney and streamer Fubo settled litigation over the platform as part of a deal to combine internet TV bundles.

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