The venture recently launched internal beta tests, he said.
Its an incredibly exciting product and we cant wait to launch it this fall.
In March,former Apple and Hulu exec Pete Distad was tapped to head the new JV.
Lachlan MurdochGetty
Murdoch called him a world class CEO … off to a flying start.
.. and we will support our distributors in any way we can.
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Having said that … its important to put our brands where viewers are.
He teased the Wall Street crowd a bit.
In the room behind me, I have got the beta version of the streaming app.
And I dont think weve announced the name yet, so I wont inadvertently do it on this call.
I hope not anyway.
The price for the service will also be a big reveal when it comes.
And frankly you wont be able to compare it to a tier of live channels.
It is a very different, digital-first product.
He said everyone is running at full pace to get the product finished and delivered.
Obviously there is the fun side of it, which is the user interface and how you use it.
