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BUZZ-Warner Bros down after Venu Sports joint venture with Fox and ESPN discontinued

ReutersJan 10, 2025 2:06 PM

** Shares of Warner Bros Discovery WBD.O fall 1.7% to $9.88 premarket

** Venu Sports, a sports streaming venture by Walt Disney's DIS.N ESPN, Fox FOXA.O and Warner Bros Discovery, will be discontinued effective immediately, the media companies said

** Venu sports was scheduled to launch last year

** WBD stock was down 7% in 2024

(Reporting by Priyanka.G in Bengaluru)

((priyanka.g@thomsonreuters.com;))

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