Disney CEO Bob Iger said Venu, the streaming sports joint venture that’s fading into history, became irrelevant as opportunities arose for ESPN to join other skinny bundles.

The rise of sports skinny bundles led to The Walt Disney Company's decision to back out of Venu Sports, the joint streamer between Disney, Warner Bros. Discovery and Fox. CEO Bob Iger revealed the reasoning during the company's first quarter earnings call for 2025.

Bob Iger did his best to hype up the new ESPN streaming service Flagship while discussing Disney’s quarterly earnings with analysts. The future looks bright for ESPN. The sports network and its sibling channels just had theirbest ratings month in a decade,

Disney thinks an emerging suite of so-called “skinny bundles” serves as a better way to make ESPN available to cord-cutters than Venu, a now-scuttled streaming sports joint venture with Warner Bros. Discovery and Fox Corp.