Disney-Fox-Warner trio to disband Venu Sports in wake of legal settlement with Fubo

Disney (NYSE:DIS), Fox (NASDAQ:FOXA), and Warner Bros. Discovery (NASDAQ:WBD) have decided to disband their three-way joint venture, Venu Sports, the companies said Friday.

The news comes in the wake of Disney’s proposed combination of its Hulu + Live TV business with FuboTV (