Fox Sports Media says Fox Sports 1 will officially debut on August 17 (NWSA)
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News Corp's (NWSA) Fox Sports 1 a 'Worthy Adversary' to ESPN (DIS) - Needham & Company
March 6, 2013 10:57 AM ESTNeedham & Company reiterated their Buy rating and $38 price target on News Corp. (NASDAQ: NWSA) following news the company's national sports network Fox Sports 1 will begin broadcasting on 8/17/13.
The analyst thinks Fox Sports 1 will get $0.60-$0.75/sub/month, which is up 100 percent from the rate they were getting before reprogramming Speed-TV into the new station. This, however, is a small fraction of ESPN's $6/sub/month.
"Virtually every... More
