Jan 14 (Reuters) - DirecTV said on Tuesday it would
offer a sports-focused streaming bundle, MySports, featuring
channels from companies including Walt Disney ( DIS ), Warner
Bros Discovery ( WBD ) and Fox, in a bid to capture
younger viewers.
WHY IT'S IMPORTANT
Media companies are creating sports-focused streaming
services to attract game enthusiasts and advertisers targeting
them.
Consumers are also shifting to streaming platforms from
traditional television for on-demand content and personalized
experiences with bundles catering to their interests.
BY THE NUMBERS
The sports bundle will feature 40 sports broadcast channels,
including access to all ESPN channels, Fox Sports and TNT
Sports, with an introductory price of $49.99 per month for the
first three months and later $69.99 per month.
DirecTV said additional networks, local stations and ESPN+
will be included in the future at no extra cost.
MySports offering will be initially available in 24 metro
areas, including New York, Los Angeles and Chicago.
KEY QUOTE
"This is the first of several genre-based options we plan to
launch over the coming months," DirecTV CEO Bill Morrow said in
a statement.
CONTEXT
Disney said earlier this month it would merge its Hulu +
Live TV business with smaller rival FuboTV, which would
create the second-biggest online pay-TV company in North
America, behind YouTube TV.
Last week, Disney, Fox and Warner Bros Discovery ( WBD ) abandoned
plans to launch Venu Sports, their sports joint venture, after
satellite TV providers Dish parent EchoStar and DirecTV raised
antitrust concerns.