The Fox News venture joins an increasingly crowded — and increasingly niche — marketplace for web-only streaming television. ESPN is starting its subscription service, ESPN Plus, in the spring. Fox News reaps more than $1 billion in annual profit, providing ample funds to hire a new team for Fox Nation, which is not expected to initially carry advertising. Bill O’Reilly, who was fired by Fox News in April, started a subscription service on his website that has earned little attention. CNN has a streaming service, CNNgo, which offers some free original programming, but it otherwise requires an existing cable or satellite subscription.

Source: New York Times February 20, 2018 00:56 UTC