Fox Corp. Executive Chairman Lachlan Murdoch said the company is working on a direct-to-consumer product aimed at cord-cutters.

Fox is getting ready to launch a standalone streaming service by the end of 2025. During an earnings call on Tuesday, Fox CEO Lachlan Murdoch said the streaming service would offer a “holistic” streaming package featuring sports and news from the network’s existing brands,

The still-unnamed service will target cord-cutters and cord-nevers — much like Fox’s Tubi streaming service — and is not intended to siphon off cable subscribers. It was announced during the quarterly earnings call in which it reported revenues that were 20% above the same quarter last year and quarterly net income was also way up,