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Fox Corp. Expects to Launch New Stand-Alone Streamer By End of 2025
Fox Corp. expects to launch a new subscription-based streaming outlet by end of 2025, citing desire to reach younger consumers who don't have cable
Fox Corporation expects to launch a new stand-alone subscription-based streaming service by the end of 2025, as the company, which has resisted the call to plunge millions into developing premium content for broadband audiences, sees new allure in the business. Fox Corp. CEO Lachlan Murdoch said the company believed it could reach a new audience separate from the one that watches Fox properties via cable and broadcast. “We see the traditional cable bundle as still the most value for our consumers and for the company,” Murdoch said, but the company feels an increasing need to reach “a large population outside the cable bundle.”
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