Fox Hopes to Rival ESPN

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John Horn and Steve Chiotakis discuss NewsCorps' new channel, Fox Sports 1. Hoping to replicate the company's success in Broadcast TV with Fox and in 24-hour news with Fox News Channel, Rupert Murdoch's company is eager to make a name for itself in the sports TV landscape. As of now they're looking to air college basketball and football, soccer, some MLB games and the Ultimate Fighting Championship. But the channel's success will all ride on the kind of broadcasting contracts they can win for other more high profile sports. (Kim Masters is away.)