Monday , 20 May 2024
Home Business ESPN’s 2025 Streaming Service to Join Disney+
Business

ESPN’s 2025 Streaming Service to Join Disney+

ESPN Join Disney+

Disney CEO Bob Iger announced that ESPN’s new standalone streaming service, slated for a 2025 launch, will be accessible through Disney+ for subscribers interested in bundling their subscriptions. The service, initially revealed last May, will offer fantasy sports, e-commerce, and more.

Iger discussed the new service at Disney’s annual shareholder meeting, likening its integration to that of Disney+ and Hulu, which now allow cross-platform viewing without switching apps (Disney owns both services). Unlike the joint sports streaming service ESPN, FOX, and Warner Bros. Discover plan to launch this year, the new service will grant subscribers live access to multiple ESPN network feeds, including major rights deals with the NFL, NBA, MLB, NHL, and college sports championships.

This new offering aims to provide cord-cutters with a comprehensive lineup akin to traditional cable packages, surpassing what is currently offered on ESPN+. Interactive features are also expected, such as access to sports betting and fantasy sports data. The Athletic reported last month that ESPN plans to charge between $25 and $30 per month for the service.

With 71 million current ESPN-paying households (down from 100 million in 2011), the network’s proposed deal with the NFL could see the league becoming an equity partner. This potential agreement might lead to ESPN acquiring rights to more football games, in addition to ongoing talks with the NBA for basketball game rights renewal.

The new ESPN streaming service reflects efforts by traditional cable networks to retain viewers amid cord-cutting trends. Despite the cost savings associated with canceling cable, consumers may not save much, if at all, due to the growing number of subscription services they use. Cable-only channels like HBO (Max), Showtime, Cinemax, and Hallmark have also launched their own streaming services in response to these trends.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bumble
Business

Bumble Faces Backlash for Anti-Celibacy Ads

Bumble, the popular dating app known for its empowering approach towards women,...

Airlines for America
Business

Major Airlines Sue Biden Administration Over Fee Disclosure Rules

Several major airlines, including Delta Air Lines and United Airlines, have taken...

Protesters Try to Storm Tesla Factory
Business

Protesters Try to Storm Tesla Factory in Germany, Multiple Arrests

Protesters made a concerted effort to breach security and gain access to...

Novavax's billion-dollar deal
Business

Novavax Shares Soar 130% on $1.4B Sanofi Deal

Novavax, a biotechnology company, experienced a staggering surge in its stock price,...