Reported 2 months ago
Fox CEO Lachlan Murdoch has expressed confidence that the newly announced monthly price of $42.99 for Venu Sports, a joint streaming service with ESPN and Warner Bros. Discovery, is well-targeted amidst concerns about consumer willingness to pay for another standalone service. Murdoch emphasized that this pricing aligns with their business goals and aims to attract sports fans not currently subscribing to cable. He set a target of reaching around 5 million subscribers by 2029, despite facing potential regulatory challenges and competition.
Source: YAHOO