Sports Streaming JV Shouldn't Face Regulatory Hurdles: Fox CEO
Fox Corp. CEO Lachlan Murdoch said Monday he's unconcerned that the Fox/ESPN/Warner Bros. Discovery streaming joint venture (see 2402070006) could face regulatory challenges. At a Morgan Stanley conference Monday, he said the JV is "pro-consumer" and focused on an audience…
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segment of cord cutters and cord nevers not currently served. The pricing will be "at the higher ranges" of estimates that have floated around and should have 5 million subscribers within five years, said Murdoch. He said over time the streaming platform could add capabilities such as betting.