The Town with Matthew Belloni
Rupert’s Retirement and Fox’s Place in Hollywood
Nov 14, 2023
Brian Stelter joins Matt to discuss Fox's relationship with Hollywood after Rupert's retirement, including their profitable deals with the NFL and ad-supported TV service Tubi. They also explore Fox News as a business, challenges faced by Fox Nation in building a niche news streaming service, and opinions on NFL football broadcast and Tom Brady's potential involvement.
32:20
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Quick takeaways
- Fox News remains successful by dominating the right-wing news space and leveraging its strong sports offerings, including lucrative NFL rights until 2033.
- Despite struggling in the streaming space, Fox Broadcasting thrives by focusing on live sports and reality shows, while its streaming service, Fox Nation, caters to extreme conservative politics and heartland-style programming.
Deep dives
The Future of Fox: Challenges and Opportunities
Despite controversies and scandals, Fox News remains a formidable network, dominating the right-wing news space and attracting a loyal audience. The channel's success is boosted by its strong sports offerings, including lucrative NFL rights until 2033. While Fox News generates significant profits, their streaming service, Fox Nation, has struggled to build a substantial subscriber base. The channel's decision not to compete in the streaming wars has been a deliberate choice, as they focus on maintaining stability and extracting profits from cable television. The pending lawsuits and controversies surrounding Fox News pose an ongoing challenge, but the network's resilience and dedicated fanbase continue to drive its success.
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