The biggest missing piece is pricing.

Murdoch didnt challenge moderator Ben Swinburne when he stipulated a range of $40 to $50 a month.

Paramount and NBCUniversal, significantly, are not part of the offering.

Lachlan Murdoch

Fox Corp. CEO Lachlan MurdochStephanie Keith/Getty Images

Murdoch said he does not expect any regulatory hassles as the JV approaches the market.

Neither does he see any downside risk to the companys valuable Fox News distribution base.

We have obviously done a lot of work on this.

Article image

Weve thought about it extensively, Murdoch said.

Unlike many of its peers, Fox has not invested in a subscription streaming outlet of its own.

Were out of the streaming arena, from an entertainment perspective.

In the entertainment streaming wars, the arena is like a sea of blood.

Everyones bled out and were happy not to engage in it.

That said, he noted, weve always said were distribution agnostic.