News Corp. (NASDAQ:FOX) subsidiary Fox Sports Media Group announced that it is to launch an omnibus sports TV channel. FSMG said the Fox Sports 1 network will launch on Aug. 17 and be available to 90 million homes. It is to feature live events in college basketball and football, NASCAR racing, soccer, and UFC mixed martial arts. The channel promises "around-the-clock coverage" delivered via regular updates and a news ticker.
Next year, Fox Sports 1 will also carry regular and postseason Major League Baseball games.
Fool contributor Eric Volkman has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Disney. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why 2017 Was a Year to Remember for The Walt Disney Company
In the future, Disney investors will look back on 2017 as a year of game-changing importance.
Dueling Analysts Debate Netflix, Inc.'s Fourth Quarter
Both the bull and the bear might be mostly right -- they just disagree on what matters most.
Don't Buy the Hype. Star Wars: The Last Jedi Isn't an Epic Fail
There has been a lot of controversy in the media about the success or failure of the latest installment in the Star Wars saga. Let's look at the numbers.