Can Rupert Murdoch kill ESPN?

The media magnate is reportedly launching a cable channel to take on "The Worldwide Leader in Sports." It won't be easy

Media mogul Rupert Murdoch
(Image credit: Justin Sullivan/Getty Images)

Rupert Murdoch, the mastermind behind Fox News, is reportedly in the process of launching an all-sports cable channel with the single-minded goal of competing with ESPN, the reigning king of sports entertainment. The Australian media mogul is hardly the first network head to mull the prospect of creating an "ESPN killer," and it's widely agreed that it will be no simple task usurping the crown, even for Murdoch's sprawling media empire. ESPN not only dominates sports viewing — it's the most popular cable channel in America. Can Murdoch's News Corp. really take ESPN down?

Murdoch will run up against some hard realities: ESPN's popularity allows it to demand sky-high subscription fees from cable distributors like Comcast, says Bill Carter at The New York Times, raking in about $5 a month per subscriber, while most other channels take in "less than a dollar." With that cash flow, ESPN can better compete for rights to air increasingly expensive sporting events. News Corp. has the rights to some major athletic spectacles — including the 2018 and 2022 World Cups — but Murdoch will have to pony up a lot of money to acquire a solid "roster of highly desirable events." Without that, it's hard to create a competitive sports network.

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