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 (FOXA) maintains its position as a leader in live news, sports broadcasting, and ad-supported streaming through strategic content distribution. This dedicated news hub provides investors and industry observers with essential updates about the media conglomerate's operations across cable networks and digital platforms.
Access verified press releases and analysis covering earnings reports, content partnerships, leadership changes, and technological innovations. Our curated collection serves as a reliable resource for understanding FOXA's business strategy in the evolving media landscape, particularly its dual focus on traditional broadcasting and digital expansion through platforms like Tubi.
Key updates include corporate developments in news production, sports rights acquisitions, advertising partnerships, and regulatory filings. All content undergoes strict verification to ensure compliance with financial disclosure standards while maintaining editorial independence.
Bookmark this page for direct access to FOXA's official communications and third-party analysis of market movements. Regular updates provide critical insights into the company's performance within competitive media sectors and its adaptation to changing viewer consumption patterns.
Fox Corporation announced on February 9, 2021, that Suzanne Scott has signed a new multi-year contract to continue as CEO of FOX News Media. Under her leadership since becoming the first female CEO in May 2018, FOX News Media has achieved record ratings and advertising sales, maintaining its position as the most-watched cable news network for 19 consecutive years. Scott's initiatives have also improved workplace inclusion and transparency, resulting in FOX News Media being certified as a 'Great Place to Work' in 2020. This contract underscores Scott's pivotal role in driving future growth.
On February 9, 2021, Fox Corporation (Nasdaq: FOXA, FOX) announced that its streaming apps, FOX NOW and FOX Nation, are now accessible on VIZIO's SmartCast platform. This integration allows millions of users to view local and national news, sports, and entertainment content directly on their Smart TVs. The FOX NOW app features full episodes of popular shows and live sports, while FOX Nation offers exclusive content at a subscription fee. This partnership expands FOX's reach and enhances viewer engagement with its diverse programming.
Fox Corporation (NASDAQ: FOXA, FOX) reported a net income of $230 million for the quarter ended December 31, 2020, down from $314 million year-over-year, attributed to prior year's gains. Adjusted net income rose 45% to $93 million, while revenues increased 8% to $4.09 billion, driven by advertising growth, particularly in political ads and the consolidation of Tubi, Inc. Adjusted EBITDA climbed 17% to $305 million. The company declared a dividend of $0.23 per share, to be paid on April 7, 2021.
Fox Corporation (Nasdaq: FOXA, FOX) will hold a live audio webcast to discuss its second quarter fiscal 2021 financial results on February 9, 2021, at 8:30 a.m. ET. The results will be released earlier that day at 8:00 a.m. ET. Interested investors can access the live and archived webcast on the Fox Corporation investor relations website. Fox Corporation is renowned for its influential news, sports, and entertainment content through brands like FOX News, FOX Sports, and FOX Entertainment.
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 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 Corporation (NASDAQ: FOXA, FOX) will announce its first quarter fiscal 2021 financial results through a live audio webcast on November 3, 2020, starting at 8:30 a.m. ET. Results will be available earlier at 8:00 a.m. ET. Interested participants can access the webcast and its archive at investor.foxcorporation.com. Fox Corporation is known for its strong portfolio in news, sports, and entertainment, leveraging its brands like FOX News Media and FOX Sports to engage audiences and create significant relationships with advertisers.
Fox Corporation (Nasdaq: FOXA, FOX) announced that Executive Chairman and CEO Lachlan Murdoch will speak at the BofA Securities 2020 Media, Communications and Entertainment Virtual Conference on September 10 at 12:35 PM Eastern (9:35 AM Pacific). A live and archived webcast of the presentation will be available on the Fox Corporation investor website. Fox Corporation delivers news, sports, and entertainment content through brands like FOX News Media and FOX Sports, maintaining a strong presence in the media landscape. For more details, visit their official website.
Fox Corporation reported its financial results for the year ended June 30, 2020, revealing total quarterly revenues of $2.42 billion, a 4% decrease from the prior year. Net income dropped to $145 million, down from $465 million, mainly due to increased impairment charges. Full year revenues rose 8% to $12.30 billion, driven by the Television segment. However, net income decreased to $1.06 billion from $1.64 billion. The company declared a dividend of $0.23 per share, payable on October 7, 2020, amid ongoing challenges posed by the COVID-19 pandemic affecting advertising revenues.
Fox Corporation (Nasdaq: FOXA, FOX) will discuss its fourth quarter and full year fiscal 2020 financial results on August 4, 2020, at 5:30 p.m. ET. Results will be released after market close on the same day. Investors can access the live audio webcast and its archive at investor.foxcorporation.com. Fox Corporation is known for its prominent brands including FOX News Media, FOX Sports, and FOX Entertainment, focusing on delivering news, sports, and entertainment content.
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