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ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year

Walt Disney‘s ESPN, Fox and Warner Bros. Discovery plan to launch a joint sports streaming service this fall, sources told CNBC on Tuesday.

The platform does not yet have a name or a price.

The competitors will form the joint service at a time when the value of sports media rights is spiking, but viewers have moved away from watching on traditional cable.

This is breaking news. Please check back for updates.

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