Welcome to our dedicated page for Fox news (Ticker: FOX), a resource for investors and traders seeking the latest updates and insights on Fox stock.
Fox Corporation (NASDAQ: FOX) is a media company focused on news, sports, and entertainment content, and its news flow reflects activity across these areas. The company describes its primary domestic brands as FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment and FOX Television Stations, and these operations generate a steady stream of corporate announcements, financial updates, and partnership news.
On this page, readers can follow Fox Corporation news such as quarterly earnings releases, segment performance commentary, and details on advertising, distribution, and content-related revenues. For example, Fox has reported financial results that break out revenues and Adjusted EBITDA by Cable Network Programming, Television, and Corporate and Other, and has discussed how digital growth led by the Tubi AVOD service, news pricing, and sports pricing and ratings affect advertising revenues.
Fox Corporation’s news also covers capital markets activity and shareholder-related developments. Recent press releases have addressed an accelerated share repurchase transaction under the company’s stock repurchase program, as well as secondary offerings of Class B common stock by trusts established for the benefit of certain members of the Murdoch family. The company has emphasized that it is not selling shares in those offerings and does not receive proceeds from them.
In addition, Fox highlights strategic and operational updates tied to its digital and streaming strategy. Tubi Media Group, a division of Fox Corporation, has announced multi-year agreements such as an exclusive distribution and advertising sales partnership with Audiochuck for top-rated true crime podcasts, including the development of a Crime Junkie FAST channel and on-demand video podcast collections across Tubi, FOX One, and third-party platforms.
Investors and observers can also find announcements about Fox executives’ participation in investor conferences and webcasts discussing financial results. Together, these items provide insight into Fox Corporation’s financial performance, digital initiatives, partnerships, and governance-related events.
FOX News Media has appointed Katherine Moran Meeks as its new General Counsel, effective August 19th. Meeks, a former partner at Gibson, Dunn & Crutcher, brings extensive experience in media law and First Amendment cases. She replaces Bernard T. Gugar, who has stepped down from his role. Meeks will report to CEO Suzanne Scott and Fox 's Chief Legal and Policy Officer Adam Ciongoli.
Meeks' background includes representing journalists and media companies in libel cases, arguing in federal courts, and clerking for Supreme Court Justice Anthony M. Kennedy. She began her career as a journalist, notably contributing to The Times-Picayune's Pulitzer Prize-winning coverage of Hurricane Katrina. Meeks is a summa cum laude graduate of the University of Pennsylvania Law School and Yale University alumna.
OutKick, a national multimedia sports platform owned by FOX , reported strong growth in June 2024. The platform saw a 7% increase in total multiplatform unique visitors (5.9 million) and a 5% rise in total multiplatform minutes (21 million) compared to May 2024. OutKick also achieved 23 million total multiplatform views in June.
For Q2 2024, OutKick averaged 5.6 million monthly multiplatform unique visitors, with a total of 71 million multiplatform views and 62 million multiplatform minutes. The platform's social media presence also grew significantly, with 1.1 million social actions (up 29%) and 19.7 million video views (up 63%) across Facebook, X (formerly Twitter), Instagram, and YouTube.
FOX News Digital maintained its leadership in the news industry during Q2 2024, marking its 13th consecutive quarter as the top news brand for multiplatform minutes and 8th consecutive quarter for multiplatform views. The platform achieved 9.2 billion total multiplatform minutes, 4.8 billion multiplatform views, and averaged 104 million monthly unique visitors. FOX News Digital also led in social media engagement for the 41st consecutive quarter with 77.6 million total interactions.
In June, FOX News Digital surpassed CNN in total digital multiplatform unique visitors for the first time since February. The FOX News Mobile app outperformed CNN's, averaging 5.7 million unique visitors compared to CNN's 4.4 million. FOXBusiness.com also showed strong performance, surpassing CNN Business in multiplatform views for the 9th consecutive quarter.
FOX Weather will start simulcasting weekday mornings on FOX Business Network (FBN) from 5-6 AM/ET starting Monday, July 15th. The simulcast, called FOX Weather First, will be co-anchored by Britta Merwin and Craig Herrera. This move complements FOX Weather's existing weekend morning simulcast on FBN, initiated in December 2021. The launch coincides with an active hurricane season, recently marked by Hurricane Beryl.
Additionally, FOX Weather correspondent Max Gorden will transition to a reporter role at FBN, filling the position at the Los Angeles bureau previously held by Kelly O’Grady. Gorden, who joined FOX Weather in 2021, has covered major events including Hurricane Hilary in August 2023 and wildfires in Hawaii during the summer of 2023. FOX Weather is a 24/7 free ad-supported television service, leveraging resources from FOX News Channel and FOX Television Stations to provide comprehensive weather reporting and innovative forecasting techniques.
FOX Nation will debut a new weekly series titled “Here’s the Deal with Kellyanne Conway” starting on Thursday, July 11th. The show will feature former White House senior counselor Kellyanne Conway, providing in-depth analysis on major election topics such as predictions for 2024, the role of Independents, and key issues like inflation, immigration, and abortion. The series will continue to release new episodes every Thursday until the presidential election in November 2024. FOX Nation president Lauren Petterson praised Conway's unique insights into political campaigns, and Conway expressed her intention to offer thoughtful analysis and compelling anecdotes. FOX Nation is a direct-to-consumer streaming service offering content for FOX News' most dedicated fans, boasting nearly 10,000 hours of programming.
FOX News Channel (FNC) has achieved a significant milestone, completing 90 consecutive quarters as the number one cable network in total day and primetime viewership. According to Nielsen Media Research, FNC posted double-digit growth year-over-year across all key demographics, including a 176% viewer advantage over CNN and 61% over MSNBC in total day viewership.
FNC's top programs like 'The Five,' 'Gutfeld!,' and 'Jesse Watters Primetime' have all seen substantial viewership increases. Notably, 'Gutfeld!' has become the number one show in the late-night younger demo, while 'Jesse Watters Primetime' grew its 8 PM slot by 69% in total viewers.
FNC also dominated the coverage of the CNN presidential debate, attracting over 13.4 million viewers and 3.3 million in the 25-54 demo, massively outperforming CNN. The network's continued growth contrasts sharply with double-digit declines in key demographics for CNN and MSNBC.
Overall, FNC delivered 89 of the top 100 telecasts in cable news for the quarter, reinforcing its position as a dominant player in the cable news landscape.
Tubi, Fox 's (NASDAQ: FOXA) ad-supported streaming service, has launched in the UK, offering over 20,000 free movies and TV episodes. Tubi, which has 80 million monthly active users in North America, aims to deliver a diverse and personalized viewing experience through its extensive content library. The UK launch features curated content from major distributors like Disney and NBCUniversal, plus exclusive Tubi Originals, catering to a wide range of tastes from Hollywood blockbusters to Arthouse Cinema. The platform uses advanced machine learning for personalized recommendations and maintains a 100% free ad-supported model with minimal ads. Tubi will be accessible on major connected TV platforms, iOS, Android, and the web.
FOX News Media's simulcast of the CNN presidential debate achieved record-breaking viewership, drawing 13.4 million viewers across linear television, digital, and streaming platforms.
The FOX News Channel (FNC) led with 9.3 million viewers from 9-10:39 PM/ET and dominating the 10 PM/ET hour with 9.1 million viewers.
FNC also topped cable news during post-debate coverage, attracting 8.7 million viewers.
FOX's digital properties saw substantial engagement, with 2.2 million livestream views and a significant rise in unique viewing devices and social media interactions.
Overall, FOX captured 26% of the debate's audience share, surpassing NBC, CNN, ABC, and CBS.
FOX News Channel's Gutfeld! will broadcast live from the Republican National Convention in Milwaukee from July 15th to July 18th at 11 PM/ET. The show, hosted by Greg Gutfeld and featuring panelist Kat Timpf and three guests, will include a live studio audience from the Deer District. Gutfeld! has garnered over 2.2 million viewers and is the highest-rated late-night program, surpassing rivals like CBS' The Late Show and NBC's The Tonight Show. The program also leads in key demographics and attracts a politically diverse audience. FOX News Channel remains the top network in basic cable and the most-watched news channel for 22 consecutive years.
FOX Nation will launch a four-part historical docudrama titled “GEORGE: Rise of a Revolutionary” on July 1st. The series, hosted and executive-produced by Kelsey Grammer, will delve into the early life of George Washington. Viewers will witness Washington’s transformation from a young soldier serving the British Crown to a leading figure in America's revolt against British rule. The show combines dramatic reenactments and expert commentary to provide a fresh perspective on this pivotal historical figure. Grammer, known for his roles in “Frasier” and “Cheers,” brings his extensive experience to this project, aiming to portray George Washington's story in a compelling manner. FOX Nation is a streaming service with over 10,000 hours of content, including historical documentaries, launched in 2018. It is recognized among the fastest-growing brands of 2023 by Morning Consult, particularly popular among Gen Z adults.