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.
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.
FOX News Media has secured former Secretary of State Mike Pompeo as a contributor, according to CEO Suzanne Scott. Pompeo will provide insights across FOX platforms, including FOX & Friends, starting Friday. He aims to deliver candid analysis on geopolitics and America's foreign policy. Pompeo, who served from April 2018 to January 2021, is known for his roles in significant diplomatic efforts, including negotiations with North Korea and strategies against Iran. FOX News Media remains the leading cable news network, reaching 200 million viewers monthly.
Fox Corporation (Nasdaq: FOXA, FOX) has filed an arbitration suit against Flutter Entertainment plc to enforce its right to acquire an 18.6% stake in FanDuel Group for the same price Flutter initially paid in December 2020. The dispute is set before JAMS in New York, NY. Fox Corporation is a leading provider of news, sports, and entertainment content across popular brands such as FOX News and FOX Sports. This move is significant as it underscores Fox's commitment to expanding its influence in the sports betting market.