Our thesis hasnt changed, Tomsic insisted Tuesday in an appearance at the Barclays Communications and Content Symposium.

Were not trying to chase the SVOD dream of Netflix and Disney and Peacock and Paramount+ are all chasing.

That is not our game.

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Fox Corp.’s New York headquartersErik McGregor/LightRocket via Getty Images

We remain resolute about the strategy were pursuing.

Details are still scarce, though some news and sports will be included.

In fact, the fragmentation of media has worked for the detriment of consumers, from our perspective.

Kristin Dolan at the season 2 premiere of “Anne Rice’s Interview With The Vampire” held at The McKittrick Hotel on April 30, 2024 in New York City.

It is really about offering another alternative to those consumers that are outside the bundle today.

Tomsic wasnt asked about Venu during the session and he mentioned in passing that it dissolved for various reasons.