Former Apple Exec Takes the Reins of Sports Streaming Powerhouse
March 19, 2024, 3:35 pm
Hulu
Location: United States, California, Santa Monica
Employees: 1001-5000
Founded date: 2007
Total raised: $583M
Pete Distad, a seasoned executive with a background at Apple and Hulu, has been appointed as the CEO of a groundbreaking sports streaming joint venture involving Disney, Fox, and Warner Bros Discovery. This move marks a significant development in the world of sports entertainment, with Distad set to lead the charge in launching the service ahead of its anticipated fall debut. With his extensive experience in strategy, distribution, marketing, and sales, Distad is poised to steer the joint venture towards success. The service, announced during Super Bowl LVIII week, is expected to offer a wide range of content from the three media giants, including popular networks like ESPN, ABC, TNT, and Fox. As the head of this ambitious project, Distad will report to a board representing each of the three companies, with the venture's headquarters based in Los Angeles. This collaboration promises to revolutionize the sports streaming landscape, offering viewers a diverse and engaging array of content to enjoy.