Fox Announces New Streaming Service Launching by End of 2025
The subscription service will feature sports and news content, targeting cord-cutters and cord-nevers with modest subscriber expectations.
- Fox's new streaming platform will include live sports and news content from its existing brands, such as Fox News and Fox Sports.
- The service is designed to reach audiences outside the traditional cable bundle, specifically targeting cord-cutters and cord-nevers.
- Fox CEO Lachlan Murdoch emphasized that the service will not incur additional rights costs, as it will package existing content and brands.
- The company has set modest subscriber expectations and plans to price the service accordingly, avoiding competition with its cable offerings.
- The announcement follows the dissolution of the Venu Sports joint venture with Disney and Warner Bros. Discovery, which faced legal and regulatory challenges.