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BRISTOL, Conn./LOS ANGELES - ESPN and FOX Corporation (NASDAQ:FOXA, FOX), currently valued at $24.05 billion and showing strong financial health according to InvestingPro metrics, announced Monday they will offer a bundled streaming package combining ESPN’s direct-to-consumer service and FOX One for $39.99 per month beginning October 2.
The partnership will give sports fans access to content across both platforms, including NFL, NBA, MLB, NHL, college sports, NASCAR, UFC and upcoming FIFA World Cup coverage. FOX Corporation’s robust financial position, with a perfect Piotroski Score of 9 and strong revenue growth of 16.6% over the last twelve months, suggests it’s well-positioned to execute this strategic initiative.
"Working with FOX One on this bundle offer allows us to bring ESPN’s world-class sports content to even more fans in a seamless and innovative way," said Sean Breen, EVP of Disney Platform Distribution, in a press release statement.
The ESPN DTC service will include all ESPN linear networks, ESPN on ABC, ESPN+, and additional content covering 47,000 live events annually. FOX One will provide access to FOX News Channel, FOX Business, FOX Weather, FOX Sports, FS1, FS2, Big Ten Network, FOX Deportes, FOX local stations and the FOX Network.
Tony Billetter, SVP of Strategy and Business Development for FOX Direct to Consumer, described ESPN as FOX One’s first bundle partner, noting the package would deliver "an incredible portfolio of content."
Both standalone services will launch individually on August 21, with the combined bundle becoming available six weeks later. The ESPN offering will feature an enhanced app integrating game stats, betting information, fantasy sports, and personalized content.
The bundled service represents a significant move in the direct-to-consumer sports streaming market as both companies look to attract cord-cutters and cord-nevers seeking access to premium sports content outside traditional pay TV packages. With FOX trading at an attractive P/E ratio of 10.9 and currently undervalued according to InvestingPro analysis, investors might find this strategic move particularly interesting. For detailed insights and additional ProTips about FOX Corporation’s potential, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Fox Corporation reported its fourth-quarter fiscal 2025 results, showcasing a strong financial performance. The company announced adjusted earnings per share of $1.27, which significantly surpassed analyst estimates of $0.99. Revenue for the quarter reached $3.29 billion, exceeding the consensus forecast of $3.12 billion. This marks a 6% increase in total quarterly revenues compared to the same period last year. Advertising revenues grew by 7%, driven by digital growth from the Tubi AVOD service and improved news ratings and pricing. Additionally, affiliate fee revenues rose by 3%, with the Television segment experiencing a 4% growth and the Cable Network Programming segment increasing by 2%. These developments highlight Fox Corporation’s continued strength in the media industry.
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