CNN and Fox take on their own legacies with new streaming services

Two of the world’s biggest media companies are hoping their planned streaming services will augment, rather than bite into, their existing cable subscription businesses.

Fox Corp revealed this week it would launch a streaming service into the US in the third quarter of 2025, named Fox One. As CEO Lachlan Murdoch explained at the company’s quarterly earnings call, the name is intended to reflect both the company’s unity, and the depth of its content slate.

“Whether it’s the Super Bowl, the election cycle, or the upfront, our company is at its best when we work together as one,” Murdoch told investors.