Fox exec: Company won't ruin cable TV deals with new streaming service
The broadcaster continues to earn a sizable chunk of revenue from cable fees, and the company does not want to disrupt that model with a streaming service.
Here is the latest on Fox as they attempt to adapt to the current trends to their audience.
The service — which has yet to be named — will include Fox’s national sports and news channels, including Fox Sports 1 (FS1), Fox Sports 2 (FS2), Fox News and Fox Business Network, along with Fox-owned stations and most independently-owned network affiliates.
The price of the forthcoming streaming service has yet to be announced, but a source familiar with the development of the product told The Desk in February that Fox is targeting a starting price of around $20 per month. The final price may be slightly higher or lower by the time it hits the market, which is currently planned for the third quarter (Q3) of this year, timed to coincide with the start of the National Football League’s (NFL) fall season.