The highly anticipated Venu Sports streaming service, a joint venture between Disney, Fox, and Warner Bros. Discovery, has been officially scrapped before it could even launch. The decision comes as the media giants abandon their plans amid legal complications and growing concerns over the viability of the project. ESPN, Fox, and Warner Bros. Discovery have collectively decided to pull the plug on the controversial service, marking the end of a venture that many analysts viewed as questionable from the outset. This cancellation reflects the challenges facing media companies in the competitive streaming landscape.