Aug 1 (Reuters) - Venu Sports, the streaming service

formed by Walt Disney ( DIS ), Fox and Warner Bros

Discovery ( WBD ), will be priced at $42.99 per month with a

seven-day free trial, it said on Thursday.

The companies announced the service in February to woo

younger viewers who are not tuned in to cable TV by bundling

their broad portfolio of sports rights including the National

Football League, the National Basketball Association and the

FIFA World Cup.

Bundled services are becoming more common among media

companies with an eye on price-conscious customers who are

hesitant to sign up for multiple services.

"The streaming service will provide access to 14 live sports

channels and an expansive library of on-demand content from the

collective companies' portfolios of sports networks and ESPN+,"

Venu Sports said.

Venu Sports, led by former Apple executive Pete Distad, is

aiming for 5 million subscribers in the first five years

following its launch in the United States this fall.

It will be available directly through a new app and

subscribers can opt to bundle the service with Disney+, Hulu or

Max.