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 Corporation has announced the formation of the Tubi Media Group, led by newly appointed CEO Paul Cheesbrough, effective April 26, 2023. This new business unit will consolidate Fox's digital operations, including Tubi, Credible, and Blockchain Creative Labs. The formation reflects Fox's commitment to growing its digital footprint, leveraging Tubi's success in the AVOD space, which has positioned it as a market leader. Executive Chair Lachlan Murdoch highlighted this move as essential for continued growth in the digital sector. The previous Tubi CEO, Farhad Massoudi, will step down but remain until June for a transition period. The Tubi Media Group is set to innovate in streaming, advertising, and technical services.
Fox Corporation (Nasdaq: FOXA, FOX) is set to discuss its third quarter fiscal 2023 financial results during a live audio webcast on May 9, 2023, starting at 8:30 a.m. ET. The financial results will be released earlier that day at 8:00 a.m. ET. The webcast aims to provide insights into the company's performance in the news, sports, and entertainment sectors, which are critical to its brand identity and market position. Fox continues to engage audiences with its major brands including FOX News Media, FOX Sports, FOX Entertainment, and Tubi, enhancing its relationships with consumers and advertisers alike.
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