Fox One streaming service launches August 21

Fox Corporation has announced the launch of Fox One, a streaming service that will carry Fox-branded news, sports and entertainment content for $19.99 per month or $199.99 per year. The service will feature both live and on-demand access from the entire slate of Fox properties including Fox News, Fox Business, Fox Sports, Fox Weather and more. Subscribers will also be able to bundle the new offering with Fox Nation, the media corporation's on-demand streaming service with original shows.

“In bringing together the full power of the FOX content portfolio in one service, we have created a great value proposition and user experience that will appeal to the cord-cutter and cord-never fans currently not served by conventional pay TV packages," said Pete Distad, CEO of direct-to-consumer at Fox Corporation.

Fox One joins a growing list of TV streaming services aimed at cord-cutters that bring channel portfolios traditionally found on cable to a convenient app format. The new service also means access to NFL and MLB games aired on Fox networks without the need for a cable subscription. Fox was previously attached to the launch of Venu Sports, a sports-focused streaming service that never came to fruition. Fox One will launch on August 2.