Fox is arriving late to the streaming party with a new service set to launch by the end of the year.

Fox Corp is planning to launch a subscription-based streaming service by the end of 2025, the media company said on Tuesday, entering the Netflix-dominated arena to tap audiences outside its mainstay cable television business.

Fox Corp. Executive Chairman Lachlan Murdoch told Wall Street analysts Tuesday that his company will launch a direct-to-consumer streaming product that will draw on its news and sports assets.

The company known for its news and sports TV content said Tuesday it’s aiming to launch a subscription streaming service by the end of the year.

The new streaming service will have access to all of Fox's sporting events. The post Fox is planning to launch a streaming service before the end of 2025 appeared first on The Manual.

Although an exact launch date for the Fox streaming service has not been confirmed, Murdoch revealed that he hopes for it to be available by the end of 2025. He said that the app is already in the process of being designed and promised to share more information in the coming months.

Fox announces plans of launching a stand-alone streaming service. Here's why its upcoming offering could be a threat for Netflix Inc.

Fox has announced that it will be launching a new standalone streaming service by the end of the year. The announcement came in comments made by Fox Executive Chair and Chief Executive Officer Lachlan Murdoch during an earnings call on February 4 (h/t Investing.