The same is true across the board. Fox is copying the other studios with a range of Fox-based cable networks, like FX and Fox Movie Channel, which it can load free with shows from its library. All that cash flows down to the bottom line.
Fox can do with its sports channels the same thing
ESPN has done with its sports channels -- you do know that sports represents about 40% of your cable bill? Well,
ESPN has figured a way to get a cut of your Internet bill, too, as
With the print publishing gone, Fox can make another run at the rest of BskyB, maybe even acquire News Corp.'s
(DISH - Get Report). That's more distribution for existing programming, guaranteed carriage for the new
Fox cable networks, plus a cut of every other studio's action. Also, they could kill Dish's ad-skipping technology,
Assuming the new company (I'll call it Fox Inc.) learns these lessons about the key being distribution, it can make another run at the Internet, using the sports model, and find even more money, with very little effort. The Fox name, it has been said, stems from William Fox, a Hungarian-born entrepreneur who was seeking the same synergies when the Great Depression intervened.With both Rupert and James Murdoch discredited in the phone tapping scandal,
Follow TheStreet on Twitter and become a fan on Facebook.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts