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#1 12-06-2017 12:36:09 AM

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From: Bucks, PA
Registered: 02-12-2005
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Fox Sees Rapid Growth For TV Networks On Virtual TV Distributors

Against the backdrop of a possible deal for its movie/TV production and some cable networks with Walt Disney, 21st Century Fox sees continued strong revenues and subscriber revenue gains from new virtual multichannel video program distributors. Speaking at the UBS Global Media and Communications Conference on Tuesday, CEO of Fox James Murdoch said the total customer market for these new TV distributors -- including DirecTV Now, Sling TV and Hulu with Live TV -- is growing rapidly and could hit 4 million customers by the end of the year.

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