Fox Corp Stock Price, News & Analysis

FOX News Media has made over 30 original podcasts and three nationally syndicated talk shows from FOX News Radio available for streaming on Amazon Music, reaching over 55 million customers. This move allows Amazon Music users to enjoy popular shows like The Brian Kilmeade Show and The Five through iOS, Android apps, and Amazon Echo devices. FOX News Podcasts ranked among the top 20 podcast publishers in November 2020, highlighting their prominence in the audio content market. FOX News Media, a division of FOX Corporation, reaches 200 million people each month.

FOX News Channel has appointed Tom Lowell as Executive Vice President and Managing Editor of News. Reporting to President Jay Wallace, Lowell will manage all daytime news editorial and resources. Suzanne Scott, CEO of FOX News Media, highlighted his significant contributions to the network over 17 years, including launching several top-rated programs like America’s Newsroom. Lowell expressed gratitude for leading the daytime news team, indicating confidence in its continued success.

FOX News Channel (FNC) maintained its status as the most-watched cable network in November, marking 53 consecutive months in this position. The network recorded its highest-rated November in primetime among total viewers and the key 25-54 demographic. FNC averaged 1.9 million total viewers and 3.9 million in primetime, achieving a 41% advantage over CNN. Tucker Carlson Tonight led with 5.1 million viewers. FNC’s primetime lineup saw significant year-over-year increases, with Tucker Carlson Tonight up 49% and Hannity up 39% in total viewers.

Fox Corporation (Nasdaq: FOXA, FOX) announced Chief Financial Officer Steve Tomsic will participate in the UBS Global TMT Virtual Conference on December 8, 2020, at 2:50 PM Eastern Time. A live and archived webcast of the presentation will be accessible via the investor.foxcorporation.com website.

Fox Corporation is a leader in producing and distributing news, sports, and entertainment content through brands such as FOX News Media and FOX Sports.

FOX Nation, the subscription-based streaming service from FOX News Media, will launch its first original holiday film, Christmas in the Rockies, on November 26th. The film, produced by Brain Power Studio and INSP Films, follows a young woman named Katie Jolly as she faces family and business challenges after her father's injury. The movie will feature cameos from FOX & Friends co-hosts Steve Doocy and Ainsley Earhardt. FOX Nation has also secured rights to additional holiday films such as Christmas on the Range and Christmas on the Coast.

In October 2020, FOX News Digital achieved record-breaking performance with nearly 2.2 billion multiplatform views, marking a 16% year-over-year increase. The network maintained over 100 million unique visitors for the eleventh consecutive month. FOX's mobile app surpassed CNN for the 23rd month, registering 8.9 million unique users. Election Week drove engagement with a peak of over 3 million concurrent users and a staggering 312% increase in time spent compared to 2016. FOXBusiness.com also saw over 30 million unique visitors, reflecting substantial growth across all key metrics.

Fox Corporation (Nasdaq: FOXA, FOX) reported a 2% increase in total revenues to $2.72 billion for Q1 FY2021, driven by a 10% rise in affiliate revenues. However, advertising revenues fell 7%, impacted by COVID-19 delays in live events and programming. Net income surged to $1.12 billion from $513 million, primarily due to lower operating expenses and a reimbursement from Disney. Adjusted EBITDA rose 36% to $1.17 billion. While FOX News Media saw growth, uncertainties remain due to potential impacts of COVID-19 on future revenue streams.

FOX Business Network (FBN) will provide extensive live coverage of the 2020 presidential election on November 3rd, starting at 7 PM ET. Anchored by Neil Cavuto, the program titled Democracy 2020: Election Night will feature market reactions and expert analyses from renowned figures like Maria Bartiromo and Lou Dobbs. Coverage will include real-time updates from key battleground states and will continue the following morning with special programs focusing on market impacts. The network aims to inform viewers about the election's effects on finances and the economy.

FOX News Channel (FNC) will deliver comprehensive live coverage for Election Day 2020 from October 31 to November 4. Key anchors Bret Baier and Martha MacCallum will lead the coverage, supported by a team of journalists across various platforms, including FOX News Digital and FOX News Radio. On election night, a special eight-hour live broadcast will feature analysis and updates from multiple correspondents. FNC, the leading cable news network, is set to provide real-time election results and voter analysis through its digital and radio platforms.