Welcome to our dedicated page for Fox Ord news (Ticker: FOXA), a resource for investors and traders seeking the latest updates and insights on Fox Ord stock.
Fox Corporation (Nasdaq: FOXA, FOX) generates a steady flow of news driven by its focus on live news, sports and entertainment across cable networks, broadcast television and streaming platforms. Company press releases highlight developments at FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment and FOX Television Stations, as well as corporate actions and capital markets activity.
Investors and followers of FOXA news see updates on financial results, such as quarterly earnings releases that break down revenues by distribution, advertising and content and other categories for the Cable Network Programming and Television segments. These announcements often discuss factors behind advertising trends, including digital growth led by the Tubi AVOD service, news pricing and sports ratings.
Fox Corporation’s news flow also covers product and platform launches and partnerships. Recent examples include the launch of FOX One, a direct-to-consumer streaming service bringing together live and on-demand content from FOX’s news, sports and entertainment brands, and a multi-year deal between Tubi Media Group and Audiochuck for exclusive distribution and advertising sales on true crime podcasts and related video content. The company also reports on bundling arrangements, such as the combined offer of FOX One with ESPN’s direct-to-consumer service.
Corporate governance and ownership matters are another recurring theme in FOXA news. Press releases and related SEC filings have detailed the resolution of legal proceedings involving the Murdoch Family Trust, the establishment of new trusts, and secondary offerings of Class B common stock by trusts for certain Murdoch family members, with Fox noting that it does not receive proceeds from those sales.
In addition, Fox Corporation announces participation by its executives in investor conferences and webcasts, providing schedules and access details for presentations. For readers tracking FOXA, this news page brings together these earnings updates, strategic streaming initiatives, partnership announcements, governance developments and investor relations events in one place.
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.
Fox Corporation (NASDAQ: FOXA, FOX) reported Q3 2022 revenues of $3.46 billion, reflecting a 7% increase from the previous year. Affiliate revenues rose 5%, and advertising revenues grew by 9%, driven by strong pricing at FOX News Media and growth at Tubi. However, net income fell to $290 million from $582 million year-over-year, mainly due to investment valuation changes. Adjusted EBITDA was $811 million, down from $899 million, as higher costs outpaced revenue gains. A $4 billion stock repurchase program has been authorized.
Fox Corporation (Nasdaq: FOXA, FOX) will present its third quarter fiscal 2022 financial results in a live audio webcast on May 10, 2022, starting at 8:30 a.m. ET. The results will be released earlier that day at 8:00 a.m. ET. Investors can access the live webcast and archived presentation on Fox's investor relations website. Fox Corporation operates through notable brands including FOX News Media and FOX Sports, providing compelling content critical for audience engagement and commercial partnerships.
Fox Corporation (Nasdaq: FOXA, FOX) announced that its Chief Operating Officer, John Nallen, will participate in a keynote session at the Deutsche Bank Annual Media, Internet & Telecom Conference on March 15, 2022, at approximately 8:05 AM Eastern time. A live and archived webcast of the presentation will be available on the investor.foxcorporation.com website. Fox Corporation is known for delivering compelling news, sports, and entertainment content through brands like FOX News Media and FOX Sports.
Fox Corporation (Nasdaq: FOXA, FOX) announced that Executive Chair and CEO Lachlan Murdoch will speak at the Morgan Stanley Technology, Media & Telecom Conference on March 10, 2022, at approximately 11:35 AM Eastern (8:35 AM Pacific). A live and archived webcast will be available at investor.foxcorporation.com. Fox Corporation produces news, sports, and entertainment through brands like FOX News Media, FOX Sports, and Tubi, maintaining a strong market presence.
Fox Corporation (Nasdaq: FOXA, FOX) reported a 9% increase in total quarterly revenues to $4.44 billion for the three months ended December 31, 2021. Affiliate revenues rose 11%, with Cable Network Programming and Television segments showing notable growth. However, the company faced a net loss of $73 million, contrasting with a net income of $230 million in the prior year. Adjusted EBITDA increased 2% to $310 million. Fox declared a dividend of $0.24 per share and initiated a $4 billion stock repurchase program.
Fox Corporation (Nasdaq: FOXA, FOX) will host a live audio webcast to discuss its second quarter fiscal 2022 financial results on February 9, 2022, at 8:30 a.m. ET. Preliminary results will be available at 8:00 a.m. ET the same day. The webcast will be accessible on the company’s investor relations website, promoting transparency and engagement with stakeholders. Fox Corporation continues to produce significant content across news, sports, and entertainment, contributing to its strong market position.
Nexstar Media Group (NASDAQ: NXST) and FOX Television Stations (NASDAQ: FOXA) have launched NEXTGEN TV broadcasting on KTTV-TV, KCOP-TV, and KTLA-TV in Los Angeles, marking a significant upgrade in broadcast technology. This transition promises enhanced video and audio quality, with features such as 4K resolution and improved clarity. NEXTGEN TV aims to reach up to 45% of U.S. TV households by year-end and could potentially generate up to $15 billion in new revenue by 2030 through various applications.
Fox Corporation (Nasdaq: FOXA, FOX) announced that CFO Steven Tomsic will speak at the UBS Global TMT Virtual Conference on December 8, 2021, at 10:00 AM Eastern/7:00 AM Pacific. A live and archived webcast will be available on investor.foxcorporation.com. Fox Corporation is known for its prominent media brands including FOX News Media, FOX Sports, and Tubi. The company focuses on delivering engaging content and has a strong track record in news, sports, and entertainment.
Fox Corporation (Nasdaq: FOXA, FOX) reported Q1 2022 revenues of $3.05 billion, up 12% from $2.72 billion in Q1 2021, driven by a 17% rise in advertising revenues. Notably, net income decreased to $708 million ($1.21 per share) from $1.12 billion ($1.83 per share) the previous year, primarily due to a prior year's gain of $462 million. Adjusted EBITDA was $1.06 billion, down from $1.17 billion, influenced by increased expenses. The company launched a $4 billion stock repurchase program, repurchasing $1.34 billion of Class A stock.
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