News Corp‘s Chase Carey declined to say whether or not Fox would launch a national sports network, but made it clear that the company likes sports. Really, really likes sports. Speaking at Goldman Sachs’ conference Thurs, Carey said Speed and Fuel give Fox "a real opportunity to do some exciting things." Both have been discussed as possible channel flips for an upcoming national sports net. "We think sports content opens an array of opportunities for us," he said. The News Corp COO brushed aside the suggestion of competing with 800lb gorilla ESPN. "ESPN is in a different game…We’re going to be prudent," Carey said, explaining that sports is complicated partly because of the associated costs. The upside? "It doesn’t get fragmented. There’s only 1 NFL, 1 MLB, 1 Pac-12… It becomes more important than ever." He was less cagey about renewals for Fox News: MVPDs are going to pay more. Fox News is in the process of negotiations for its next round of renewals ( Time Warner Cable inked a deal last month). "By the beginning of next calendar year, we will have renegotiated half of that universe," Carey said. "We aim to take that business closer to what we think reflects the value of the channel." And there is room for more Fox Cable growth. "We’ve got channels that still haven’t come close to reaching their potential," he said, calling out Nat Geo (former Fox Reality head David Lyle took over the channel in Aug ’11). Carey has spent time on both sides of the negotiating table having previously served as CEO of DirecTV. While he said he understands the economic concerns out there for consumers (and MVPDs worried about increasing their bills), he pointed to his time at DirecTV. "As much as people care about price, if you give them a great experience, they’ll pay for a great experience."

EDITOR’S NOTE: This story originally appeared in CableFAX Daily, our premium product. Go here to subscribe.

The Daily


No Olympics Travel for ESPN

Sports giant ESPN says it’s sitting out sending staff to China for the Winter Olympics due to COVID-19 concerns.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up


Jan 28
Cablefax 100 – 2022 Nominations Due: January 28, 2022
Mar 11
The FAXIES 2022Entry Deadline: March 11
Apr 1
Cablefax Top Ops – 2022Nominations Due: April 1, 2022
Jun 3
The Diversity List – 2022Nomination Deadline: June 3
Aug 12
Most Powerful Women – 2022Nominations Due: August 12
Full Calendar


Seeking an INDUSTRY JOB?

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact for more information.