Why Fox Is Finally Entering the Streaming Wars

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3 • 847 Ratings

🗓️ 20 August 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Matt is joined by Pete Distad, CEO of Fox's direct-to-consumer streaming platform, to discuss Fox One, the company's first significant foray into streaming, which will offer all of Fox’s news, sports, and entertainment branded content together in one platform. They talk about the juggernaut of news and sports, the end of NFL exclusively on broadcast, why the price is so high ($20 per month), the potential that it will cannibalize Fox's successful existing cable business, the option to bundle with ESPN for $40, and more (02:40). Matt finishes the show with a prediction about the Duffer brothers, who are leaving Netflix for Paramount (24:56). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guest: Pete Distad Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey everyone, Danny Hyfitz here from the Ringer Fantasy Football Show.
0:02.7	We're coming to you multiple times per week to tell you who to draft, who not to draft.
0:06.7	Honestly, that's kind of most of it.
0:08.1	The Ringer Fantasy Football Show.
0:09.3	YouTube, Spotify, wherever get your podcast, The Ringer Fantasy Football Show.
0:15.6	It is Wednesday, August 20th.
0:18.0	Get excited. There's a new streaming service launching this week. No, not ESPN. That's
0:22.8	launching as well. I'm talking about Fox One, the long-awaited first foray into streaming from the Murdox Fox
0:29.1	Corporation, unless you count Fox Nation, which your angry uncle might subscribe to. Fox One is 20
0:35.2	a month and gets you the Fox Broadcast Network, Fox News, and all of Fox Sports,
0:40.3	which includes the NFL Sunday games and the World Series, a ton of college football, among other sports,
0:45.6	all in one service.
0:47.2	Certainly a value to a lot of people, but if that price point seems a bit high, that's kind of the point.
0:52.8	I went to a little media presentation last
0:54.8	week on the Fox lot, and it was clear that Fox does want this service to catch on with consumers,
1:00.0	especially the millions of people in this country who either cut the cord or cord nevers,
1:04.8	but Fox doesn't want it to catch on too much to the point where it cannibalizes from its existing
1:09.8	customers. We do not want to lose traditional cable subscribers to Fox One, Lockman Murdoch said earlier this year.
1:17.6	That's because unlike most of the legacy linear television companies, Fox is doing really well in TV.
1:23.0	It's sold off a bunch of entertainment channels to Disney and now has just news and sports,
1:27.9	meaning Fox News, where the ratings are way up and more advertisers are endorsing the content,
1:32.8	plus these sports channels. Basically, the things that people still watch on regular TV.
	...

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