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Fox News to launch over-the-top opinion streaming service

20 February 2018

Fox News announced on Tuesday that it will launch a stand-alone subscription service available without a cable package and designed for the network's biggest fans. It's the reason why Disney and ESPN are set to launch their own standalone subscription services. Content from the Fox News cable network would not be available on the new streaming service. Shares of 21st Century Fox are up 23% in the last 12 months, while the S&P 500 index [s; SPX] is up 16%.

The platform, which is scheduled for a late 2018 debut, will cater to Fox News "superfans", the network's senior vice president of development and production said in a statement.

The Over-the-Top (OTT) streaming service, Fox Nation, is scheduled to launch by the end of the year.

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A mainstay of the new service will be subscribers' ability to interact with FNC's opinion hosts and personalities, the network said.

"These are the folks who watch Fox News every night for hours at a time, the dedicated audience that really wants more of what we have to offer", Finley told the NYT.

Hiring for the New York-based service will begin in April, the network says, but at least one employee may have already been hired.

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The maneuver also shows Fox News executives looking to expand their product offerings as their business unit becomes even more important to the fortunes of its parent company.

How will it differ from Fox News?

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Fox News to launch over-the-top opinion streaming service