Shari Redstone Considers Launch of Fox News Rival -Hollywood Reporter

Date : 10/15/2019 @ 6:23PM
Source : Dow Jones News
Stock : Viacom Inc (VIAB)
Quote : 23.46  0.4 (1.73%) @ 12:48AM
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Shari Redstone Considers Launch of Fox News Rival -Hollywood Reporter

Viacom (NASDAQ:VIA)
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--Media mogul Shari Redstone is considering a plan to rebrand an existing Viacom channel into a conservative-learning news network, which would directly face off with Fox News, the Hollywood Reporter reported Tuesday.

--The conservative news network could fall under Viacom Inc.'s (VIA) streaming service Pluto TV, which was acquired in March, the report said.

--Ms. Redstone has been in talks with current and former Fox News TV personalities, including former Fox News star Megyn Kelly, according to the report.

Fox News parent Fox Corp. (FOX) and Dow Jones Newswires parent News Corp (NWS) share common ownership.

 

Full story:

https://www.hollywoodreporter.com/news/shari-redstone-explores-plan-launch-fox-news-competitor-1247475

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

October 15, 2019 14:08 ET (18:08 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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