The decision is effective immediately, they said.
The debut of the sports streaming service had been delayed by aFubo lawsuitthat was headed to court.
Disney is also said to be prioritizing the launch of flagship streamer ESPN+ for fall of 2025.
Venu SportsCourtesy
Time is a factor.
Nearly a year has passed in a fast-moving media landscape sinceVenu was announcedwith fanfare in early 2024.
The risk of ongoing legal challenges could also have been a factor in the partners deciding to step away.
It said Disney, Fox and WBD have structured the JV to avoid anything like competition on the merits.
