Fox Corporation is set to debut its new subscription streaming service, tentatively named 'Fox One,' by the end of 2025. This launch is strategically planned to coincide with the start of the NFL season. According to Reuters, Fox CEO Lachlan Murdoch expects the service to attract a mid-single-digit million range of subscribers, aiming to capitalize on the popularity of sports and entertainment during this peak time.
Fox One will feature a robust library that includes Fox's popular sports broadcasts, television shows, and news programs, catering specifically to cord-cutters looking for options beyond traditional cable. As reported by The Wrap, specific pricing details haven't been revealed, but the service is expected to be competitively priced to appeal to a broad audience. Former Apple TV+ executive Pete Distad has been appointed CEO of this new venture, highlighting Fox's commitment to steering its streaming strategy effectively.
This initiative underscores Fox's strategic push to diversify its income sources amid a rapidly changing media landscape, where the shift from cable to streaming is accelerating consumer demand. Currently, Fox Nation, another of the company's streaming platforms, boasts between 2 million and 2.5 million subscribers, demonstrating the potential success and market appetite for Fox's digital offerings.