Disney CEO Bob Iger Says “Venu Basically Looked Redundant To Us” As Other Skinny Bundles Emerged
Venu, the planned streaming sports joint venture that’s fading into history, became irrelevant as similar opportunities began to arise for ESPN to join other targeted, or so-called “skinny,” bundles. “Look what essentially happened is, after the decision was made and we started to implement the launch of Venu, the emergence of these skinnier bundles surfaced, and Venu basically looked redundant to us. And so this was a great opportunity for us to make ESPN available on multiple skinny bundles,” the chief e ...