0857 ET - Fox CEO Lachlan Murdoch says about half of all television consumption now takes place within the streaming ecosystem, up from about 25% at the beginning of the decade. The high number of competing streaming services, though, makes for an increasingly fragmented landscape in which discovery and navigation are more complex, he continues. "We are seeing a clear consumer preference for aggregation," Murdoch says on a call with analysts. "Consumers are gravitating toward more unified experiences on their favorite platforms like Roku." Fox shares are off 14% premarket. (connor.hart@wsj.com)
(END) Dow Jones Newswires
June 15, 2026 08:57 ET (12:57 GMT)
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