Three giant media companies have abandoned their plans to launch Venu Sports, a service that aimed to drastically shake up the streaming industry by bundling many sports channels together, officials said.

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

Disney’s ESPN, Fox Corp. and Warner Bros. Discovery aren’t moving forward with their joint streaming venture Venu Sports, the companies said Friday, calling off what would have been a major programming bet in the face of continued legal challenges to their plans.