Fox Ord Stock Price, News & Analysis

FOX (FOXA, FOX) reported Q3 fiscal 2025 results with total revenues of $4.37 billion, up 27% year-over-year. The company's net income was $354 million ($0.75 per share), down from $704 million ($1.40 per share) in the prior year. Affiliate fee revenues grew 3%, while advertising revenues surged 65% primarily due to Super Bowl LIX and growth in the Tubi AVOD service. Quarterly Adjusted EBITDA was $856 million, slightly down from $891 million, as higher revenues were offset by increased sports programming and production costs. The Television segment saw revenues rise 40% to $2.70 billion, while Cable Network Programming revenues increased 11% to $1.64 billion. The company continued its share repurchase program, with $250 million of Class A stock bought during the quarter and $650 million remaining in authorization.

Fox Corporation (NASDAQ: FOXA, FOX) has announced that President and Chief Operating Officer John Nallen will be participating in MoffettNathanson's Media, Internet & Communications Conference 2025. The presentation is scheduled for May 14, 2025, at 2:20 PM Eastern Time (11:20 AM Pacific). Investors and interested parties can access both the live and archived webcast of the presentation through the company's investor relations website at investor.foxcorporation.com.

Fox (Nasdaq: FOXA, FOX) has announced it will release its third quarter fiscal 2025 financial results on May 12, 2025, at approximately 8:00 a.m. ET / 5:00 a.m. PT. The company will host a live audio webcast to discuss the results beginning at 8:30 a.m. ET / 5:30 a.m. PT on the same day. Investors and interested parties can access both the live and archived versions of the webcast through the company's investor relations website at investor.foxcorporation.com.

SiriusXM (NASDAQ: SIRI) has appointed Anjali Sud, current CEO of Tubi, as a new independent director to its Board of Directors. Sud brings extensive experience in media, technology, and entertainment, having previously served as CEO of Vimeo where she led the company's public listing.

Concurrent with Sud's appointment, Vice Chairman James E. Meyer is stepping down from the Board. Meyer, who joined SiriusXM in 2004 and served as CEO from December 2012 through December 2020, expressed confidence in the company's future leadership under current CEO Jennifer Witz.

Sud currently leads Tubi, which has grown to over 97 million monthly active viewers. At SiriusXM, she will contribute to the company's strategic direction, leveraging her expertise in digital media and streaming services. SiriusXM currently reaches a combined monthly audience of approximately 160 million listeners through its portfolio of audio businesses.

Fox (Nasdaq: FOXA, FOX) has announced that President and Chief Operating Officer John Nallen will be participating in Deutsche Bank's 33rd Annual Media, Internet & Telecom Conference. The presentation is scheduled for Monday, March 10, 2025, at 9:40am Eastern (6:40am Pacific). Investors and interested parties can access both the live and archived versions of the presentation through the company's investor relations website at investor.foxcorporation.com.

Fox (Nasdaq: FOXA, FOX) has announced that Executive Chair and CEO Lachlan Murdoch will be participating in the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for Monday, March 3, at 9:15am (Pacific) / 12:15pm (Eastern).

Investors and interested parties can access both a live and archived webcast of the presentation through the company's investor relations website at investor.foxcorporation.com.

Fox (Nasdaq: FOXA, FOX) has announced that Chief Financial Officer Steve Tomsic will be participating in the Barclays Communications and Content Symposium on February 25, 2025. The presentation is scheduled for 10:25am Eastern Time (7:25am Pacific Time).

Interested parties can access both live and archived versions of the presentation through the company's investor relations website at investor.foxcorporation.com.

Fox (NASDAQ: FOXA, FOX) announced that Super Bowl LIX generated over $800 Million in gross advertising revenue across all platforms. The event set multiple records, including:

- Average audience of 127.7 million viewers (up 3% from last year)
- Peak viewership of 137.7 million during second quarter
- Pregame coverage averaged 23.4 million viewers
- Halftime show drew 133.5 million viewers (up 3% from last year)

Tubi's streaming performance broke records with:
- 15.5 million peak concurrent streaming viewers
- 13.6 million average minute audience
- 24 million unique viewers across game day programming
- 4K live stream delivery through FOX's Tempe facility

Fox (FOXA, FOX) has announced the acquisition of Red Seat Ventures, a leading creator economy business. Red Seat Ventures will operate as a standalone entity within FOX's Tubi Media Group, with Paul Cheesbrough, CEO of Tubi Media Group, becoming Chairman of Red Seat Ventures.

The company's founding partners, Chris and Kevin Balfe, will continue to lead operations. Red Seat Ventures specializes in powering talent across various genres in building direct-to-consumer media businesses, including podcasts, video, subscription products, and live events like CrimeCon. Their portfolio includes 17 creator-led shows that generated over 200 million monthly active views in November 2024, positioning them as a Top 10 podcast network in the US.