Fox Corp.'s new streaming service, Fox One, will launch on Aug. 21 at $19.99/month. The platform will combine news, sports, and entertainment content and aims to capture the NFL and college football seasons. The service is designed to house all of Fox's content under one roof without cannibalizing its traditional audience. The launch comes after the collapse of the Venu sports streaming joint venture with Disney and Warner Bros. Discovery.
Title: Fox Corp. Unveils Fox One Streaming Service with Modest Pricing and Broad Content Offering
Fox Corp. has announced the launch of its new streaming service, Fox One, set to debut on August 21 at a price point of $19.99 per month. The platform will offer a comprehensive suite of news, sports, and entertainment content, aiming to capture the NFL and college football seasons. Fox One is designed to cater to cord-cutters and cord-nevers, providing a direct-to-consumer service without cannibalizing the traditional cable audience. The announcement comes amidst the collapse of the Venu sports streaming joint venture with Disney and Warner Bros. Discovery.
During the company's earnings call on August 5, Fox CEO Lachlan Murdoch revealed that Fox One will launch in time for the NFL season kickoff and the start of Big Noon Saturday, Fox's flagship college football show. Murdoch emphasized that Fox One is targeting consumers who have not subscribed to pay-TV services, aiming to reach the cord-never segment [1].
The service will offer advanced AI-powered personalization technologies, integrating live and on-demand content seamlessly. Users will have the option to bundle Fox One with Fox Nation for $24.99 per month or the equivalent of $19.99 per month when purchasing the annual plan [2].
Fox One will bring together content from various Fox brands, including Fox News Channel, Fox Sports, Fox Entertainment, and Fox Local Stations. The platform is designed to cater to the growing demand for streaming services, providing a user-friendly experience that adapts to individual preferences [3].
Fox Corp.'s financial performance in the fourth quarter of fiscal 2025 was robust, with revenues of $3.29 billion and net income of $719 million. The company reported total full-year revenues of $16.30 billion, driven by growth in affiliate fee revenues, advertising revenues, and other revenues [3].
The launch of Fox One is part of Fox Corp.'s broader strategy to expand its digital presence and capture a larger share of the streaming market. The company remains confident in its ability to deliver value to shareholders through its strong balance sheet and leadership position in key verticals [3].
References:
1. [1] https://www.hollywoodreporter.com/business/digital/fox-one-streaming-price-launch-date-revealed-1236337571/
2. [2] https://www.marketscreener.com/news/fox-one-announces-august-21-launch-date-and-pricing-ce7c5ed8d881fe2d
3. [3] https://www.marketscreener.com/news/fox-reports-fourth-quarter-fiscal-2025-revenues-of-3-29-billion-net-income-of-719-million-and-ad-ce7c5ed8d988f325
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