The company known for its news and sports TV content said Tuesday it’s aiming to launch a subscription streaming service by the end of the year.

The company didn’t provide many details about the new service, but said it will include news and sports content.

Fox Corp (NASDAQ: FOX) just announced plans of launching a stand-alone subscription streaming service by the end of 2025. The announcement marks a notable shift for the company that has so far refrained from engaging in the streaming wars,

Fox Corp. is planning on launching a new subscription-based streaming service by the end of 2025, company executives revealed on their earnings call on Tuesday morning. CEO Lachlan Murdoch said the service will be priced "relatively low" and offer "existing content and existing brands.

Fox Corporation expects to launch a new stand-alone subscription-based streaming service by the end of 2025, as the company, which has resisted the call to plunge millions into developing premium content for broadband audiences,