A federal judge on Friday put on pause a plan by Walt Disney, Fox and Warner Bros Discovery to launch a new sports streaming platform, saying that FuboTV is likely to be successful in proving its claim that the partnership would be anti-competitive.US District Judge Margaret Garnett in New York said in the ruling that a temporary injunction blocking the new streaming venture was appropriate.Fubo said in its Feb. 20 lawsuit that the proposed venture would “destroy competition and inflate prices for consumers ...

The Zacks Broadcast Radio and Television industry has been grappling with an escalation in cord-cutting despite a surge in demand for streaming content. However, industry players such as Netflix (NFLX) , Fox (FOXA) , Roku (ROKU) and TEGNA (TGNA) are reaping the benefits of a massive spike in digital content consumption. These companies are thriving due to their diverse content offerings, which include original, regional, and short-form content tailored for small screens like smartphones and tablets. Improve ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-38776 FOX CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpor ...

Key TakeawaysFox Corporation reported a better-than-anticipated profit and higher revenue, with growth in its affiliate fees and its Tubi free TV and movie streaming service.Affiliate fees rose 5% from a year ago, while advertising revenue was little changed.CEO Lachlan Murdoch said Fox's momentum could carry into the new fiscal year, with “another major event cycle" including the presidential election and Super Bowl. Fox Corporation (FOXA) shares jumped more than 5% in early trading Tuesday after the media ...

Fox Corporation (FOXA) reported fourth-quarter fiscal 2024 adjusted earnings per share of 90 cents, which beat the Zacks Consensus Estimate by 8.43%. The figure increased 2.3% year over year.Revenues increased 2% year over year to $3.09 billion. The figure missed the consensus mark by 0.29%.Affiliate fees (60.1% of total revenues) rose 5% to $1.86 billion, driven primarily by 9% growth in the Television segment.Advertising revenues (32.6% of total revenues) decreased 0.1% year over year to $1 billion, prima ...

Fox (FOXA) reported $3.09 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2%. EPS of $0.90 for the same period compares to $0.88 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.1 billion, representing a surprise of -0.29%. The company delivered an EPS surprise of +8.43%, with the consensus EPS estimate being $0.83.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

Fox (FOXA) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.43%. A quarter ago, it was expected that this TV broadcasting company would post earnings of $0.98 per share when it actually produced earnings of $1.09, delivering a surprise of 11.22%.Over the last four quarters, the compa ...

Fox CEO Lachlan Murdoch noted reinvigorated ratings and share growth at Fox News last quarter and said the company is looking at major momentum at the cable news network and at Fox TV stations heading into a heated election cycle. Fox this morning posted a mixed fiscal fourth quarter with total sales of $3.09 billion for the three months ended in June, up 2% from the year before and about in line with Wall Street estimates. Ad revenue was flat as Fox said gains at Fox Sports and Tubi were offset by a dip ...

Exhibit 99.1 EARNINGS RELEASE FOR THE QUARTER AND FISCAL YEAR ENDED JUNE 30, 2024 FOX REPORTS FOURTH QUARTER FISCAL 2024 REVENUES OF $3.09 BILLION NET INCOME OF $320 MILLION, AND ADJUSTED EBITDA OF $773 MILLION FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK, NY, August 6, 2024 – Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 202 ...

FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION, NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, includ ...