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Fox Expects Sports Streaming Venture With Disney And WBD To Hit 5M Subscribers In 5 Years, Lachlan Murdoch Says
The forthcoming Disney-Fox-Warner Bros. Discovery sports streaming bundle will hit 5 million subscribers in five years, Fox CEO Lachlan Murdoch said.
Speaking at a conference hosted by Morgan Stanley, Murdoch cited the stat as a way of responding to questions about whether the new venture would threaten the company’s existing pay-TV business. The service will aggregate 14 linear network feeds from the member companies, offering NFL, NBA, Major League Baseball and other sports. Despite continued strength in viewership, especially for the NFL and college football, sports programming is facing a complicated picture in terms of shifting consumer habit.
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