real-time news and commentary for investors
Thursday, Jan 24
The aggressive moves by Fox Sports (NWS +0.3%) in building the cornerstone for a national sports...
The aggressive moves by Fox Sports (NWS +0.3%) in building the cornerstone for a national sports network isn't a threat to Disney's (DIS +1%) ESPN anytime soon, according to analysts. In order to cut significantly into ESPN's dominance, Fox would need to land NBA or NFL rights which won't be up for bidding for years. The most likely scenario is that Fox Sports will keep adding a steady mix of MLB, college football, NASCAR, and English Premier League programming to help it hike the prices it charges cable companies.