On October 7, “while acknowledging the pain of new Fox’s initial birth,” MoffettNathanson Senior Analyst Michael Nathanson urged investors to try their best to look past its bumpy start and focus instead on potential catalysts.
Now, Nathanson believes that while the industry is under siege from accelerating cord-cutting and audience erosion, “Fox’s laser focus on live sports and news content is the right strategy to drive higher per subscriber pricing and more stable viewership trends.”
