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 (Nasdaq: FOXA, FOX) announced that its Chief Financial Officer, Steve Tomsic, will speak at the BofA Securities 2022 Media, Communications and Entertainment Conference on September 8 at 12:40 PM Eastern time. An archived webcast of the presentation will be accessible via investor.foxcorporation.com. Fox Corporation is recognized for creating and distributing a wide array of news, sports, and entertainment content through brands like FOX News Media, FOX Sports, and Tubi.
Fox Corporation (Nasdaq: FOXA, FOX) released its third annual Corporate Social Responsibility (CSR) Report, highlighting initiatives for the fiscal year ending June 2022. The report details FOX's philanthropic efforts, contributing over $20 million to various communities, including $1 million for disaster relief and humanitarian efforts. Recognized as a 2022 Top Employer, FOX emphasizes sustainability and employee benefits. The full report is accessible through their official website.
Fox Corporation reported its fiscal 2022 results, achieving total revenues of $13.97 billion, an 8% increase from the previous year. The net income for the year stood at $1.23 billion, down from $2.20 billion in fiscal 2021, primarily due to fair value changes in investments. Fourth-quarter revenues reached $3.03 billion, boosted by a 7% rise in advertising revenues. Adjusted EBITDA for the year was $2.96 billion, a decrease from $3.09 billion the year prior. The Board declared a semi-annual dividend of $0.25 per share, effective September 28, 2022.
Fox Corporation (Nasdaq: FOXA, FOX) has finalized a multi-year renewal of its distribution agreement with Verizon for its Fios TV platform. The deal ensures continued distribution of FOX's full portfolio, including FOX News Media, FOX Sports, and local TV stations in key markets such as New York and Philadelphia. Additionally, FOX Weather will be added to the Fios lineup, along with Tubi, enhancing content access for Verizon subscribers. This partnership underscores Fox's strategy to expand its content delivery and strengthen its relationship with distributors.
Fox Corporation (NASDAQ: FOXA, FOX) will present its fourth quarter and full year financial results for the fiscal year ending June 30, 2022, on August 10, 2022. The live audio webcast begins at 8:30 a.m. ET, with results released at approximately 8:00 a.m. ET. Fox continues to leverage its brands, including FOX News Media and FOX Sports, to engage audiences and maintain commercial partnerships. The webcast will be available on the investor relations website for those seeking detailed financial data and insights.
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On June 28, 2022, FOX Television Stations announced its digital properties achieved significant milestones in May 2022, ranking as the leading O&O station group in Total Minutes, Unique Visitors, and Total Views. The group garnered 1.67B Total Minutes, 403M Total Views, and 54M Unique Visitors, all showing substantial month-on-month and year-on-year growth. This performance marks the 19th consecutive month of top ranking. The stations also led in social media engagement with 17.1M actions, and dominated YouTube with over 531M video views.
Fox Corporation (Nasdaq: FOXA, FOX) announced that Chief Financial Officer Steve Tomsic will participate in the Credit Suisse 24th Annual Communications Conference on June 14 at 9:30 AM Eastern (6:30 AM Pacific).
A live and archived webcast of the presentation will be available at investor.foxcorporation.com.
Fox Corporation produces news, sports, and entertainment content through well-known brands like FOX News Media and FOX Sports, leveraging its cultural relevance and commercial importance.
Fox Corporation (Nasdaq: FOXA, FOX) announces the appointment of Gabrielle Brown as Executive Vice President and Chief Investor Relations Officer, succeeding Joe Dorrego. Brown brings extensive experience from UBS and BBT Capital Management Advisors, focusing on the internet and media sectors. Dorrego will continue as Chief Operating and Chief Financial Officer of FOX News Media. Steve Tomsic, CFO, expressed confidence in Brown's ability to enhance communication with investors during an evolving industry landscape.
On May 12, 2022, Fox Corporation (Nasdaq: FOXA, FOX) announced that CEO Lachlan Murdoch will participate in the 9th Annual MoffettNathanson Media & Communications Summit on May 18 at 8:00 AM Eastern Time. A live and archived webcast of his presentation will be accessible on their investor relations website.
Fox Corporation is known for its wide range of news, sports, and entertainment content through brands like FOX News Media, FOX Sports, and Tubi, which are significant in both consumer engagement and advertising.