Fox is launching a new streaming service in a very crowded market. Here's why analysts say it's a smart bet.
Briefly

Fox is entering the competitive streaming market with a new service set to launch by the end of the year. Despite its late entry, analysts suggest this strategy could be advantageous; the service will draw on existing cable content, satisfying audience demand. The move comes after the abandonment of a joint venture with Disney and Warner Bros. Discovery, prompting Fox to go solo. Murdoch emphasizes practical pricing and modest subscriber expectations, indicating a low-risk approach aimed at capturing cord-cutters and newcomers.
In a nutshell, Fox seems to be trying to wring a small amount of additional value out of the programming it already puts on cable TV.
Our subscriber expectation will be modest, and we're going to price the service accordingly,
Read at Business Insider
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