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Fox bolsters streaming bet with plans for new subscription offering

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Fox Corp is planning to launch a subscription-based streaming service by the end of 2025, the media company said on Tuesday, entering the Netflix-dominated arena to tap audiences outside its mainstay cable television business.
The article from MSN discusses Fox's strategic move to enhance its presence in the streaming market by introducing a new subscription-based service. This initiative comes as part of Fox's broader plan to adapt to the evolving media consumption landscape, where streaming services are increasingly becoming the norm. The new service aims to offer exclusive content, potentially including original programming, to attract and retain subscribers. This move is seen as Fox's response to the competitive pressure from established streaming giants like Netflix, Disney+, and others, aiming to carve out a niche by leveraging its existing content library and brand recognition. The article highlights Fox's intent to diversify its revenue streams beyond traditional television broadcasting, focusing on direct-to-consumer offerings to meet the growing demand for on-demand entertainment.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/entertainment/streaming-movies-and-tv/fox-bolsters-streaming-bet-with-plans-for-new-subscription-offering/ar-AA1yp2hb ]