Fox Corporation CEO Lachlan Murdoch announced plans to launch a subscription-based streaming service by the end of 2023. The move comes after the company abandoned a joint venture with other media partners to create a sports streaming app called Venu. Murdoch emphasized that the new service won't replace Fox's traditional TV offerings but aims to reach consumers who have moved away from cable.
Fox is planning to launch a direct-to-consumer streaming service by the end of the year, said CEO Lachlahn Murdoch.
The move comes after Fox and its partners dropped efforts to launch a joint venture sports streaming app called Venu.The company known for its news and sports TV content said Tuesday it's aiming to launch a subscription streaming service by the end of the year. The three companies had planned to pool together all of their sports content and offer it on the Venu streaming service. However, following legal hurdles that delayed the original fall 2024 launch date, the companies called off their plans to launch Venu.
Streaming Fox Corporation Lachlan Murdoch Subscription Sports Streaming
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rupert Murdoch's Fox Corp. must face 2020 election defamation lawsuit, appeals court rulesA New York appeals court ruled Thursday that Fox Corporation must face Smartmatic's mammoth defamation lawsuit over the airing of 2020 election lies on Fox News, dealing a blow to the Rupert Murdoch-controlled media giant.
Read more »
Ring and Kidde Launch Smart Smoke Alarms with Subscription ServiceRing and Kidde are partnering to release two new smart smoke alarms with integrated Ring home security technology. The alarms will deliver alerts to the Ring mobile app and be available for purchase in April. A $5-per-month subscription service will offer professional monitoring and emergency dispatch.
Read more »
Samsung to Launch AI Subscription for Galaxy Phones and Ballie RobotSamsung is expanding its AI Subscription Club to include Galaxy smartphones and the Ballie AI robot. The subscription service, already available for some home appliances in South Korea, will launch for phones next month and for Ballie in Korea and the US. While the AI Subscription Club is optional, Samsung has confirmed that core Galaxy AI features will remain free until at least the end of 2025.
Read more »
Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming serviceVenu was first announced in February and intended to combine the live sports assets of Fox, WBD and Disney-owned ESPN.
Read more »
GraFun, Floki, and DeXe Unveil Alpha Launch: A Revolutionary Token Launch MechanicCrypto Blog
Read more »
Tubi to Stream Super Bowl LIX Live in First for Fox-Owned PlatformFox Sports unveiled a 'takeover' of the Fox broadcast network and Tubi on Wednesday.
Read more »