Fox News launching new opinion streaming platform, Fox Nation

Fox News said on Tuesday that it is launching an over-the-top opinion streaming service called Fox Nation. The 21st Century Fox Inc. standalone service is expected to debut in the fourth quarter of 2018, according to the company. Fox said the price will be announced at a later date. Fox Nation will take deep dives into the issues of the day, while offering exclusive events and more than 20 years of archival programming, according to a news release. Shares of 21st Century Fox are up 23% in the last 12 months, while the S&P 500 index [s; SPX] is up 16%.

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