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FOX ONE ANNOUNCES AUGUST 21 LAUNCH DATE AND PRICING

1. FOX is launching a new streaming service called FOX One. 2. The service will cost $19.99 monthly or $199.99 annually. 3. FOX One combines FOX's news, sports, and entertainment content. 4. Advanced AI technology will personalize user experiences. 5. A bundled offer with FOX Nation is available at launch.

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FAQ

Why Bullish?

The launch of FOX One may increase subscriber revenue. Historical expansions into streaming services often result in stock price growth.

How important is it?

The new service directly addresses a growing market of cord-cutters, suggesting substantial revenue potential.

Why Short Term?

Initial subscriber numbers post-launch will significantly impact FOX's stock price. Looking at competitors, successful launches often boost stock values quickly.

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FOX's New Streaming Service Will be Offered at $19.99 Per Month , /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company"), today announced that FOX One, the new wholly-owned direct to consumer streaming service, will launch on August 21 for $19.99 per month or $199.99 annually. This month, FOX One will bring all of FOX's leading News, Sports and Entertainment branded content together in one dynamic streaming platform. For the first time, cord-cutters and cord-nevers will have live streaming and on-demand access to the real-time thrills, bold, trusted voices and defining stories being told across the full portfolio of FOX brands including FOX News Channel, FOX Business Network, FOX Weather, FOX Sports, FS1, FS2, FOX Deportes, B1G, FOX Local Stations and the FOX Network. FOX Nation and B1G+ will also be available in the FOX One platform. Users will be able to bundle FOX One and FOX Nation for $24.99 per month or the equivalent of $19.99 per month when purchasing the annual plan at launch. "We're eager to launch FOX One in just a few weeks and super serve our viewers with the best in live news, sports and entertainment content all in one place," said Pete Distad, CEO, Direct to Consumer, Fox Corporation. "In bringing together the full power of the FOX content portfolio in one service, we have created a great value proposition and user experience that will appeal to the cord-cutter and cord-never fans currently not served by conventional pay TV packages." In addition to many other exciting features, FOX One will feature advanced, AI-powered personalization technologies that seamlessly integrate live and video on-demand content in a cohesive experience. The latest updates and information about the upcoming service are available at www.FOXOne.com. About FOX One FOX One is Fox Corporation's wholly-owned, direct to consumer streaming service, bringing together the thrill of live streaming and the bold, trusted voices that define the full portfolio of FOX brands, including FOX News Channel, FOX Sports, the FOX Network, B1G, FOX Business, FOX Weather, FS1, FS2, FOX Deportes, FOX Local Stations and FOX Nation through the bundle. FOX One is designed to cater to cord-cutters and cord-nevers, delivering FOX's content directly to audiences wherever they are and allowing them to watch how and when they want. Utilizing the technological innovations of Tubi Media Group, FOX One leverages cutting-edge technology to enhance the user experience, with advanced personalization that adapts to individual viewers and easily integrates live and on-demand content. About Fox Corporation Fox Corporation produces and distributes compelling news, sports, and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships, and create more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that shapes our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com. CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "outlook" and similar expressions are used to identify these forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements in this press release due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of the Company's businesses. More detailed information about these factors is contained in the documents the Company has filed with or furnished to the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Statements in this press release speak only as of the date they were made, and the Company undertakes no duty to update or release any revisions to any forward-looking statement made in this press release or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events or to conform such statements to actual results or changes in the Company's expectations, except as required by law. SOURCE Fox Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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