Gray: Disney, Fox, Warner Bros. Joint Venture Is 'Significant Opportunity'

A coming joint venture streaming service from Disney, Fox and Warner Bros. Discovery that includes the live signals of local ABC and Fox affiliates “could be a significant opportunity,” said Gray Television in a news release Wednesday (see 2402070006). "Local affiliated stations not only carry nationally televised sports but also provide local sports coverage, local news and weather, local jobs and extensive community service,” said Gray. “We believe that including ABC and Fox stations in a new virtual multichannel video programming service could offer benefits to viewers, their local communities, and local broadcasters.” In addition, local station affiliates could benefit if the joint venture “provides additional resources and scale” and expands “sports programming available on the ABC and Fox broadcast networks and the affiliates of those networks.” It continued, “Gray welcomes any venture that expands the reach of local broadcasting stations, which in turn supports the ability of local stations to maintain trusted local news operations that benefit everyone.”