Fox plans to launch a streaming service by the end of 2025

February 4, 2025
2,659 Views

Fox is getting ready to launch a standalone streaming service by the end of 2025. During an earnings call on Tuesday, Fox CEO Lachlan Murdoch said the streaming service would offer a “holistic” streaming package featuring sports and news from the network’s existing brands, according to a transcript.

Murdoch positioned the streaming service as a way to reach people who don’t subscribe to cable, adding that it’s not meant to replace the traditional cable bundle. “We’re huge supporters of the traditional cable bundle, and we will always be,” Murdoch said.“But having said that, we do want to reach consumers wherever they are, and there’s a large population that are now outside of the traditional cable bundle — either cord cutters or cord nevers.”

Murdoch said that Fox’s subscriber expectations will be “modest” and it will “price the service accordingly.” Fox already owns the free ad-supported streaming service Tubi, which will air the Super Bowl for the first time this weekend. The company also partnered with Warner Bros. Discovery and Disney’s ESPN on the now-scrapped sports streaming service Venu.

Similar to its former partners, a standalone streaming service will give Fox a dedicated place to air its live sports games. Warner Bros. Discovery already offers live sports on Max, while ESPN plans on launching a dedicated streaming service later this year. Other companies, including CNN, CNBC, DirecTV, and Xfinity, are betting on the increasingly crowded streaming space as well.

Source link

You may be interested

Face the Nation: Crenshaw, Shaheen, Raskin
Top Stories
shares3,463 views
Top Stories
shares3,463 views

Face the Nation: Crenshaw, Shaheen, Raskin

new admin - Feb 16, 2025

Face the Nation: Crenshaw, Shaheen, Raskin - CBS News Watch CBS News Missed the second half of the show? The…

Gold mine collapse in Mali kills 42, injures several others
World
shares3,359 views
World
shares3,359 views

Gold mine collapse in Mali kills 42, injures several others

new admin - Feb 16, 2025

BAMAKO, Mali — A gold mine collapsed in eastern Mali, killing dozens of people and injuring many more, according to…

Netanyahu vows to “open the gates of hell” if all hostages in Gaza not returned
Top Stories
shares3,034 views
Top Stories
shares3,034 views

Netanyahu vows to “open the gates of hell” if all hostages in Gaza not returned

new admin - Feb 16, 2025

Israel's prime minister vowed to "open the gates of hell" if Hamas does not return all its hostages and praised…