Fox Hires Peter Distad, Previously Head of Ill-Fated Venu Sports, as CEO of Direct-to-Consumer Streaming Service
variety.comTodd Spangler NY Digital Editor Pete Distad has a new gig after the shutdown of sports-streaming joint venture Venu Sports.
Fox Corp. has hired Distad as CEO of the company’s recently announced direct-to-consumer streaming division. Distad most recently headed Venu Sports, which Fox, Disney and Warner Bros.
Discovery shuttered in January. Before Venu, he served as an executive at Apple for a decade following six years at Hulu. Distad will report to Paul Cheesbrough, CEO of Fox’s Tubi Media Group, and will assume oversight of all aspects of the upcoming platform.
As Fox execs announced on its recent earnings call, the company’s upcoming direct-to-consumer subscription streaming product is aimed at extending the reach of Fox News, Fox Sports and the Fox broadcast network outside of the traditional cable TV bundle.
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