Disney, Fox and Warner Back New Sports Streaming Venture, Name Experienced Exec Peter Distad as CEO
- Peter Distad named CEO of new streaming sports venture backed by Disney, Fox, Warner
- Distad has experience launching video services, including Apple TV+
- Venture will serve sports fans outside traditional pay TV bundle
- Owners include Disney, Fox, Warner; will not compete with owners for rights
- Distad tasked with making connections and building "fan-focused product"
