An expert's guide to ESPN, Fox and Warner Bros. Discovery's new sports streaming joint venture

ESPN, Fox and Warner Bros. Discovery's recently announced sports streaming joint venture looks like a game changer for the US media landscape. Sports media expert and former long-time Fox executive Patrick Crakes joins SportsPro CEO Nick Meacham to break down what it all means. Talking points:

• How significant is this announcement? (3:40)
• How will this impact each of the stakeholders? (14:29)
• The economics of the new streaming product (20:40)
• How will the competitors react? (28:36)
• The potential risks (36:35)