Fox News Expands Menu to Steel Itself for Cord-Cutting’s Bite
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variety.comBrian Steinberg Senior TV EditorFox News Channel has defied its many critics for a quarter century, surviving shocking internal scandals and weathering myriad controversies with its primetime hosts to become a profit-generating juggernaut for Rupert Murdoch.
But there is no question that its traditional linear revenue base is shrinking, which is why Fox Corp. CEO Lachlan Murdoch and Fox News Media CEO Suzanne Scott are focused on expanding the outlet’s product mix well beyond its core news and opinion content.As more consumers cut the cord on subscriptions to traditional cable and satellite services, TV’s best-known outlets are under pressure to reshape their business operations.
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