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Fox streaming service to be called Fox One, launch before NFL season

1. Fox Corp. will launch Fox One streaming service before NFL season. 2. Pricing aligns with wholesale rates; traditional cable subscribers will not pay extra. 3. CEO emphasizes avoiding loss of traditional cable subscribers to streaming. 4. Fox seeks partnerships for Fox One, enhancing its streaming offerings. 5. Fox is late to direct-to-consumer streaming market compared to competitors.

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FAQ

Why Bullish?

The launch of Fox One can restore subscriber growth and retention amidst competition.

How important is it?

The launch of a streaming service can significantly affect FOX’s revenue and market share.

Why Short Term?

With NFL season boosting viewership, immediate subscriber interest is likely.

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