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Fox News Is Drawing New Viewers, Including Plenty Of Democrats, Fox Corp. CFO Steve Tomsic Says
While ratings are down for Fox News since Election Day, Fox Corp. CFO Steve Tomsic said the network is drawing a lot of new viewers, including some registered Democrats.
Tomsic touched on a number of topics during the 35-minute session, including the growth of Tubi, the sports rights landscape and current strategic priorities in the online betting market. Two major subjects were Comcast ‘s pending spinoff of a number of its cable networks into a new stand-alone entity; and contingency plans given the waylaid launch of streaming joint venture Venu Sports. Despite speculating about non-Venu ways to enter subscription streaming (a market Fox has famously avoided), Tomsic affirmed the company’s belief in “the power of the bundle.
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