FOX Stock Rises on Stronger-Than-Expected Results, News of Streaming Service

Key TakeawaysFOX shares surged Tuesday after the media giant reported better-than-expected quarterly results and announced on its earnings call that it plans to launch a streaming service by the end of the year.FOX will be televising Super Bowl LIX on its flagship channel Sunday, as well as streaming it on its ad-supported, free Tubi service.CEO Lachlan Murdoch said the company is planning to launch a direct-to-consumer streaming service by the end of 2025. FOX (FOX) shares surged Tuesday after the media gi ...