Legal challenges, competition concerns, and a strategic pivot spelled the end for Venu, a promised streaming service from Disney, Fox, and Warner Bros.

In its move to Fox, IndyCar continues to lack a domestic direct-to-consumer streaming option for fans who have cut the cord.

The combined business of former adversaries will operate under Fubo’s publicly traded company (stock symbol FUBO) as the nation’s sixth-largest pay-TV operator with 6.2 million subscribers and be led by the existing Fubo management team with a cash infusion from Disney.

Disney, Fox, and Warner Bros Discovery have ended their efforts to start a combined sports streaming service called Venu, the company said on Friday.

The companies called off what would have been a major bet days after Disney struck a deal with rival streamer Fubo.

Venu, the sports-focused streaming venture proposed by the Walt Disney Co., Fox Sports and Warner Bros. Discovery, will not see the light of day.

On Monday, the people behind Venu — the sports streaming service co-owned by Disney, Fox, and Warner Bros. Discovery — were gearing up their launch plans after solving a legal challenge. A few days later,

They do not have a mainstream streaming service. Warner Brothers Discovery does have Max, But, you know, this would have really helped them to monetize some of their sports properties better. So I think,