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Photo by Gustavo Caballero/Getty Images for ESPN

ESPN will launch its over-the-top (OTT) streaming app next week, the company announced Monday. ESPN+ will feature live programming, live sports events and a library of other programming like ESPN's popular 30 for 30 series.

Why it matters: ESPN is looking to migrate its linear TV audience to streaming in response to the rapid succession of its audience on linear TV. (ESPN has lost roughly 12% of of its traditional TV subscribers in six years.)

The big picture: ESPN+ is the first direct-to-consumer service offering from Disney Direct-to-Consumer and International (DTCI), which is the multi-platform technology and distribution organization --- in partnership with ESPN and featuring ESPN branded content. It's entertainment direct-to-consumer service will launch next year with content from Marvel, Pixar, etc. and possibly new content assets from a potential merger with 21st Century Fox.

  • Both streaming services will be powered by BAMTECH, a leader in streaming technology which Disney purchased a majority stake in last year.

Our thought bubble: ESPN, while still a nationwide leader in sports production and storytelling, will face competition in the sports streaming space.

  • Turner last week announced the launch of its live sports streaming service, “Bleacher Report Live."
  • CBS and NBC have launched similar live sports streaming services.
  • While the $4.99 price point is significantly lower than the cable fee consumers pay currently to access ESPN on traditional TV, which is roughly $8, ESPN will need to make sure it can get consumers to pay that price without the service being tacked onto a larger cable bundle.

Go deeper: ESPN has a list of what live sports events to expect on the app.

Go deeper

Scoop: Trump tells confidants he plans to pardon Michael Flynn

Photo: Alex Wroblewski/Getty Images

President Trump has told confidants he plans to pardon his former national security adviser Michael Flynn, who pleaded guilty in December 2017 to lying to the FBI about his Russian contacts, two sources with direct knowledge of the discussions tell Axios.

Behind the scenes: Sources with direct knowledge of the discussions said Flynn will be part of a series of pardons that Trump issues between now and when he leaves office.

Erica Pandey, author of @Work
4 hours ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.

Trump gives Biden access to presidential intelligence briefings

Photo: Mark Makela/Getty Images

The Trump White House on Tuesday gave President-elect Biden access to daily presidential intelligence briefings, a source familiar with the matter tells Axios.

Why it matters: Trump has refused to share the briefs until now, as he continues to challenge the result of the election and declines to concede. The president's acquiescence comes as another sign that the transition to a Biden administration is taking place.