Fox is keeping the faith in linear television
Fox Corp. CEO Lachlan Murdoch suggested that the huge decline in cable subscribers may finally be reaching its floor.
Fox Corp. CEO Lachlan Murdoch suggested that the huge decline in cable subscribers may finally be reaching its floor.
"I apologize to anyone who was enjoying their football over the weekend and was bombarded with political ads."
Congressmen Jerry Nadler and Joaquin Castro sent a second missive at WBD, Fox, and Disney execs regarding worries about Venu Sports.
Fox's Lachlan Murdoch doesn't feel there will be much regulatory pressure about the soon-to-be-launched sports streaming joint venture.
"We look at our sports portfolio and try to balance it overall. And in doing so, I think it’s highly unlikely that we would bid on the NBA."
Murdoch told Axios' Sara Fischer Fox plans to keep building up USFL teams and eventually sell them to local owners down the road.
Fox CEO Lachlan Murdoch announced on an earnings call Wednesday that his company has bought Clay Travis' OutKick site. Terms of the deal were not disclosed.
Fox currently pays around $1.08 billion annually for its Sunday NFL package. A new Bloomberg report suggests that figure might almost double in the next rights deal.