Fox One Streaming Service Targets Early Fall Debut

Fox Corp.'s Fox One streaming service will launch by early September, CEO Lachlan Murdoch said Monday. In a call with analysts as Fox announced its quarterly financial results, Murdoch avoided specifics on price but said Fox One wouldn't be discounted, and the cost would be in line with what Fox charges for its content wholesale. He said the aim is to avoid cannibalizing its cable audience for Fox One. Asked about the cap on fees that broadcast affiliates pay networks proposed by FCC Commissioner Nathan Simington (see 2505020066), Murdoch said the affiliate/network relationship was "healthy" and negotiations should be left to the marketplace.