Fox won’t cannibalize cable with new streaming service, exec says
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.
Fox Corporation ($FOX) is an American broadcast and cable television programmer based in New York City. It operates the Fox broadcast network, Fox Sports, Fox News Channel and more than two dozen Fox-owned broadcast stations in the United States. It also owns the streaming television service Tubi as well as the sports and pop culture media brand OutKick.
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.
The majority of streamers who watch movies and shows on Tubi are doing so through its on-demand features rather than through linear content channels, a senior Fox executive said on Monday.
A Florida television station found itself in the middle of a tornado while its meteorologist was covering severe weather on Monday. Click or tap here to read the full story at MSN.com
The plan is expected to cost between $20 and $30 less than Fubo’s current base programming package, and include access to major broadcast and sports-inclusive networks.
The MAD Project has appealed the FCC’s decision to dismiss their challenge to WTXF’s broadcast license, but the current guard at the agency is unlikely to reverse it.
Other former Venu Sports workers are shifting over to the new direct-to-consumer project at Fox, with announcements expected in the coming weeks.
iSpot says the number of people who watched Super Bowl LIX is about 3 million fewer than what Fox Sports reported earlier in the week.
The company’s decision to distribute a free feed of the NFL championship game on Tubi helped.
More than 127 million people tuned in to watch some or all of Super Bowl LIX on Sunday, according to updated ratings data.
More than 126 million people tuned in to watch some or all of Super Bowl LIX on broadcast, cable, satellite and streaming TV platforms, Fox Sports said.
Tubi came the closest to delivering real-time action from Super Bowl LIX compared to other streaming services, according to a report published by Phenix.
Fox News was the most-viewed brand on YouTube during the month of January, achieving 410 million video views.