It seems that Fox already looks over the streaming with subscription, as the company’s CEO has made it clear, Lachlan Murdoch. The goal? Release your own payment streaming service for users. In this way, the company will follow the current trend that leads to a large part of television and content companies to launch their own platforms in exchange for a monthly or annual payment. Although, it will not be something that is launched shortly.
Fox streaming jump is not planned soon, but there is an approximate date on the calendar. At least, its CEO has ensured during the annual presentation of the company’s results before investors. The idea was to have advanced in the development of VENU, the streaming platform that was going to be formed between Fox Sports, ESPN and Warner Bros Discovery for this year, however, the project was canceled by the demands of other companies. However, it seems that this is not enough to prevent Fox from being released by lonely in the streaming market.
A payment streaming platform
It seems that things are very directed, despite the obstacles that it has already had previously, so that Fox premieres a streaming platform. As his CEO explains, there is nothing closed, neither prices, nor the name, nor the strategy, although he points out that the expectations of the subscribers will be modest, that is, that the cost will be low. The date? At least the company does give an approximate date: late 2025.
Murdoch emphasizes that «with these modest expectations, we do not expect a great increase in the cost of rights. This service will be a package within our current content and our brands, pointing to consumers who are not currently in our orbit. The increase in costs will be relatively low, similar to what other operators are spending «. Therefore, its streaming service would be responsible for transmitting sports content and the news of the brands that already exist in its chain. In addition, it has been made clear that it is a good way to reach all users who are not cable, as in the United States.
It remains with tubi and goodbye to Venu
Fox had its platform called Venu for this 2025, along with Warner Bros. Discovery and Disney. But, they already made clear at the beginning of the year that this project would not continue. Therefore, for now, this well -known company will only have TUBI, the free streaming service (OTT FAST) that has about 97 million active users per month. In addition, among the different contents it issues, it should be noted that it will broadcast the Super Bowl for the first time next Sunday, February 9, along with Fox Sports.
Therefore, the objective of this company is to launch an own streaming platform that is paid, but without supposing a great cost for customers. In addition to essence, it will be the perfect alternative for those who do not have Fox hired by the most traditional route, that is, by cable.
