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More on Fox Sports 1 network (previous): A launch date for the new all-sports network is...

More on Fox Sports 1 network (previous): A launch date for the new all-sports network is strategically set for August 17. News Corp. (NWS, NWSA) anticipates taking losses as it builds up enough clout and subscribers to charge a higher carriage fee. Initially, the sports venture will earn about $1 per pay-TV subscriber, almost triple what the network its replacing - Speed -earns but falling well-short of the impressive $5.13 per subscriber ESPN lands.
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