Fox (FOXA) Nation Extends Distribution to DISH Network, SLING TV

Group 1: Company Developments - Fox Nation has expanded its distribution to EchoStar's DISH Network and SLING TV, allowing customers to subscribe for $5.99 per month starting in mid-March [1] - DISH Network customers can access FOX Nation through the MyDISH app, online, or by phone, and can watch on channel 296 or via the DISH Anywhere app [1] - SLING TV users, including both regular and Sling Freestream users, will also have access to FOX Nation for the same subscription price [1] Group 2: Content Offering - FOX Nation offers over 10,000 hours of content, including exclusive series like "Yellowstone: One-Fifty," "The History of the World in Six Glasses," and "Liberty or Death: The Boston Tea Party" [2] - Popular shows such as "COPS" and "Crime Cam 24/7" will be available, along with documentaries like "The Fall of the House of Murdaugh" and "Jussie Smollett: Anatomy of a Hoax" [2] Group 3: Financial Outlook - The Zacks Consensus Estimate for FOXA's fiscal 2024 revenues is $14.04 billion, reflecting a year-over-year decline of 5.85% [2] - The earnings estimate is pegged at $3.23 per share, indicating a year-over-year decline of 7.98% [2] Group 4: Industry Trends - An Ernst & Young report highlights consumer dissatisfaction with paying for unwanted TV channels, leading to a rise in streaming service popularity [3] - Media companies are balancing traditional TV and streaming platforms to monetize subscriptions and ads effectively [3] - The demand for streaming content is increasing, resulting in more cable subscription cancellations [3] Group 5: Competitive Landscape - Companies like Paramount Global and Comcast are performing well due to the growing viewership of digital content [3] - Comcast's Peacock offers a variety of NBC shows, movies, and original programs, while Paramount's Pluto TV features live channels and on-demand content [4] - FOXA has renewed its partnership with Sinclair Broadcast Group, covering all Fox-affiliated channels in 41 markets, reaching approximately 19 million households [4]