Fox News is known for its flagship property, the Fox News Channel, but in months to come executives intend to expand its halo, the unit’s top executive said in remarks to investors Thursday. (Variety)
Additionally, Fox Corporation, which includes the Fox broadcasting network, Fox News, Fox Sports and the Fox Television Stations unit, will not launch a Fox-branded direct-to-consumer service, COO John Nallen said at the company’s investor day in New York. (THR)
Rupert Murdoch on Thursday took to a stage in New York to lay out his vision for the new Fox, at the company’s first investor day since the sale of its entertainment assets to Disney. Eric Shanks, chief executive of Fox Sports, announced that Fox was entering the gambling industry “aggressively, but also responsibly.” (FT)
Fox Bet, a new offering catering to those newly permitted to lay wagers in multiple states after a Supreme Court ruling cleared the path, will be “up and running by this football season,” Shanks said. (Deadline)