On Tuesday, Fox Corporation CEO Lachlan Murdoch announced a new sports streaming partnership with ESPN and Warner Bros. Discovery (WBD), targeting 'cord-nevers' and 60 million homes not in traditional pay-TV bundles. The service is aimed at sports fans outside the cable TV bundle, with no plans to add other partners, specifically ruling out Comcast. During Wednesday's earnings call, Murdoch addressed concerns about the potential negative impact on Fox's linear business, stating that traditional pay-TV will remain their dominant customer base and the new streaming service wouldn't significantly impact their pay-TV partners.
Lachlan Murdoch: No Plans for NBCUniversal or Paramount to Join Fox-Warners-Disney Sports Streaming Bundle Now https://t.co/Tsop8m7umY
Fox's CEO says the new streaming service that combines ESPN, Warner Bros. Discovery, and Fox is gunning for the 60 million people who pay nothing to watch TV. https://t.co/jZrZAp4nw9
$FOX CEO Lachlan Murdoch on the new sports offering - "We wouldn't launch this product if we thought it would significantly impact our pay-TV partners (distributors). That's very important to us. We remain, I think, the biggest supporters of the traditional pay-TV bundle."
⬇️⬇️⬇️ Fox CEO Opens Up About Sports Streaming Joint Venture, Says Traditional Pay TV ‘Will Remain Our Dominant Customer Base’ Read more: https://t.co/c4xRfyZwDK
Fox CEO Lachlan Murdoch reveals ESPN/WBD joint streaming venture target audience, tries to downplay risk to Fox News https://t.co/0VrBTYQNa5 https://t.co/Nj0pcaE23h
Fox CEO Lachlan Murdoch Sees New Sports Streaming Venture Reaching "Tens Of Millions" Of Cord-Nevers "Without Undermining The Traditional Bundle" https://t.co/YmaoLy11vG
Fox's Lachlan Murdoch opened up about the new sports streaming joint venture with WBD and Disney on Wednesday's earnings call, addressing concerns it might negatively impact Fox's linear business. https://t.co/c4xRfyZwDK
Fox CEO Lachlan Murdoch says the new streaming sports platform w ESPN and WBD doesn't plan on adding other partners. I was told Comcast being cable operator ruled them out and Fredo...well Fredo ... is ... https://t.co/1mqlfAVlQu
Fox CEO Lachlan Murdoch says the new streaming sports platform w ESPN and WBD doesn't plan on adding other partners. Was told Comcast being cable operator ruled them out and Fredo...well Fredo ... is ...
Fox CEO Lachlan Murdoch says new sports streamer with ESPN and Warner Discovery is targeting "cord-nevers" and 60 million homes not in traditional pay-TV bundle world. "There is no product serving the sports fans that are not within the cable TV bundle."
Fox CEO Lachlan Murdoch says new sports streamer with ESPN and Warner Discovery is targeting "cord-nevers" and 60 million homes not in traditional pay-TV bundle world.
Fox Corp. Chief Lachlan Murdoch on new sports streaming partnership with ESPN and Warner Discovery: "The inclusion of our networks in the platform is consistent with our strategy, being consumer first and distribution agnostic." Story from Tuesday: https://t.co/o6lz5hOFj2