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 Channel (FNC) continued its dominance in April 2021, ranking as the most-watched cable network across total day and primetime viewers, leading in the key 25-54 demographic. FNC attracted 1.2 million total viewers during the day and 2.2 million during primetime. Noteworthy programs included Gutfeld!, which became the top-rated cable program in its debut month, and Tucker Carlson Tonight, averaging 3 million viewers. FNC solidified its status as the leading cable news channel with significant viewer engagement, outperforming competitors CNN and MSNBC.
FOX News Media and personalities Maria Bartiromo, Judge Jeanine Pirro, and Lou Dobbs have filed replies to support their motions to dismiss a lawsuit by Smartmatic. These moves follow an earlier dismissal motion from February. The replies argue that the lawsuit poses a threat to news reporting and lack evidence of actual malice. They assert that Smartmatic, embroiled in a national controversy, cannot escape public scrutiny. The responses emphasize First Amendment protections in journalism, highlighting that the coverage of allegations is critical to democracy's truth-seeking process.
In March 2021, FOX News Digital outperformed CNN.com in total multiplatform minutes, achieving over 3.5 billion minutes. It also recorded nearly 91.5 million unique visitors and 1.7 billion views, surpassing major news competitors. The first quarter saw 5.3 billion views and over 11 billion minutes across platforms. FOXBusiness.com had strong growth, reaching 32.8 million unique visitors. Despite these achievements, there were declines in user engagement metrics year-over-year. Overall, FOX News maintained its leadership in social media engagement.
FOX News, alongside the National Merit Scholarship Program, announced Marin Martin as the latest recipient of the Dr. Charles Krauthammer Memorial Scholarship. This scholarship awards eligible children of network employees $2,000 per college year for up to four years. Marin is a senior at Rye High School and plans to study English literature in college. Celebrating Krauthammer's legacy, CEO Suzanne Scott praised Marin's exceptional academic record. The program's selection is competitive, based solely on merit and not financial circumstances.
Fox Corporation (Nasdaq: FOXA, FOX) will announce its third quarter fiscal 2021 financial results on May 5, 2021, at approximately 4:00 p.m. ET. A live audio webcast will commence at 4:30 p.m. ET. This event will cover the company's latest financial performance and strategic initiatives in the news, sports, and entertainment sectors. Results will be accessible via their investor website. Fox Corporation leverages its brands, including FOX News Media and FOX Sports, to engage audiences and capitalize on market opportunities.
FOX News Channel has appointed KTTV-TV investigative reporter Bill Melugin as a national correspondent, effective May 3. The announcement was made by Jay Wallace, president of FOX News Media, who praised Melugin's investigative skills. Melugin, recognized with multiple awards including the Golden Mike Award and an Emmy, has a strong background in investigative journalism, having broken significant stories during his tenure at KTTV. FOX News Channel continues to lead the cable news landscape, being the most-watched news network for 19 years.
FOX News Channel achieved substantial viewership success with its new late-night show Gutfeld!, averaging 1,570,000 viewers and surpassing competitors like NBC's Tonight Show and ABC's Kimmel Live!. In its debut week, Gutfeld! dominated the 11PM/ET cable news timeslot across all demographics, including 307,000 in the A25-54 category. The show outperformed CNN and MSNBC programs, demonstrating significant audience growth with double-digit gains over the previous months. FOX News continues to lead in cable news viewership, reinforcing its strong market position.
FOX News Media has announced the hiring of former Tennessee Congressman Harold Ford Jr. as a contributor. CEO Suzanne Scott highlighted Ford's previous appearances as a valuable asset to viewers across FOX News' platforms. Ford, who has experience in both business and government, is currently the vice chairman at PNC Bank and leads Empowerment & Inclusion Capital Corporation. He emphasized his commitment to showcasing diverse voices at FOX. FOX News Media, the leading cable network, reaches 200 million viewers monthly and operates various platforms including FOX News Channel and FOX Business Network.
FOX News Media has appointed Bernard T. Gugar as General Counsel and Executive Vice President of Corporate Development, effective immediately. CEO Suzanne Scott expressed confidence in Gugar's extensive expertise, believing it will significantly benefit the brand. Gugar joins from Google, where he led strategic transactions for Google Cloud. His previous experience includes serving as Senior Vice President and General Counsel at Harpo, Inc. FOX News Media, the top-rated cable news network, reaches 200 million people monthly, operating multiple media platforms, including FOX News Channel and FOX Business Network.
FOX News Books has seen remarkable success with its debut titles, notably Shannon Bream’s The Women of the Bible Speak, which sold over 100,000 copies and topped the New York Times bestseller list. Released on March 30, it surpassed all non-fiction and advice books in launch week sales. The earlier title by Pete Hegseth, Modern Warriors, also performed well, selling over 200,000 copies. FOX News Media continues to be a leading platform for bestselling authors, reaching 200 million people monthly across its various media channels.