"Murdoch Aims for 5 Million Subscribers in 5 Years with Fox-Disney-Warner Bros. Discovery Sports Venture"

Fox Corp, Disney, and Warner Bros. Discovery's sports streaming joint venture aims to reach 5 million subscribers within five years, offering a bundled sports package available directly to consumers in the U.S. and as an add-on to services like Disney+, Hulu, and Max. CEO Lachlan Murdoch emphasized the venture's potential to tap into the market of "cord-nevers" who have shunned traditional cable and satellite TV, despite facing opposition from companies like Fubo and potential regulatory scrutiny. Additionally, Fox Nation, the streaming-subscription offshoot of Fox News, currently has about 2 million customers.