Welcome to our dedicated page for Fox news (Ticker: FOX), a resource for investors and traders seeking the latest updates and insights on Fox stock.
Fox Corporation (NASDAQ: FOX) is a media company focused on news, sports, and entertainment content, and its news flow reflects activity across these areas. The company describes its primary domestic brands as FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment and FOX Television Stations, and these operations generate a steady stream of corporate announcements, financial updates, and partnership news.
On this page, readers can follow Fox Corporation news such as quarterly earnings releases, segment performance commentary, and details on advertising, distribution, and content-related revenues. For example, Fox has reported financial results that break out revenues and Adjusted EBITDA by Cable Network Programming, Television, and Corporate and Other, and has discussed how digital growth led by the Tubi AVOD service, news pricing, and sports pricing and ratings affect advertising revenues.
Fox Corporation’s news also covers capital markets activity and shareholder-related developments. Recent press releases have addressed an accelerated share repurchase transaction under the company’s stock repurchase program, as well as secondary offerings of Class B common stock by trusts established for the benefit of certain members of the Murdoch family. The company has emphasized that it is not selling shares in those offerings and does not receive proceeds from them.
In addition, Fox highlights strategic and operational updates tied to its digital and streaming strategy. Tubi Media Group, a division of Fox Corporation, has announced multi-year agreements such as an exclusive distribution and advertising sales partnership with Audiochuck for top-rated true crime podcasts, including the development of a Crime Junkie FAST channel and on-demand video podcast collections across Tubi, FOX One, and third-party platforms.
Investors and observers can also find announcements about Fox executives’ participation in investor conferences and webcasts discussing financial results. Together, these items provide insight into Fox Corporation’s financial performance, digital initiatives, partnerships, and governance-related events.
Fox Corporation has appointed Brian Nick as the new Executive Vice President and Chief Communications Officer, effective at the end of July 2021. Nick joins from Coca-Cola Consolidated, bringing extensive experience in communications, including previous roles at Walmart and the National Republican Senatorial Committee. Lachlan Murdoch, Chairman and CEO, expressed enthusiasm about Nick's wealth of experience and potential to strengthen FOX's voice in the market. FOX, known for its influential news and entertainment brands, aims to leverage Nick's expertise to enhance internal and external communications.
FOX Weather, the AVOD streaming service of FOX News Media, has signed six meteorologists to anchor its programming, announced president Sharri Berg. The team includes Jason Frazer, Britta Merwin, Craig Herrera, Brigit Mahoney, Nick Kosir, and Stephen Morgan, each bringing unique regional expertise. The service aims to enhance weather coverage and engage viewers with diverse perspectives. FOX Weather capitalizes on FOX Corporation's strong media presence, reaching 200 million people monthly and currently leading cable viewership in news.
In May, FOX News Digital achieved significant milestones, surpassing CNN.com in total multiplatform minutes for the third consecutive month with nearly 3.4 billion total multiplatform minutes, despite a 20% decline from the previous year. The digital network also recorded 1.6 billion total multiplatform views, outpacing CNN by 18 million views. Unique visitors totaled 85 million, down 25% year-over-year. FOXBusiness.com experienced a noteworthy 44% increase in multiplatform views and a 41% rise in multiplatform minutes compared to the previous year.
Fox Corporation (Nasdaq: FOXA, FOX) has authorized an additional $2 billion for stock repurchases, raising the total to $4 billion, with over $1.56 billion already completed. This initiative aims to enhance long-term shareholder value, demonstrating confidence in the company's financial strength and sustainable cash flow generation. Executive Chairman Lachlan K. Murdoch emphasized a balanced capital deployment strategy. Additionally, William A. Burck has been elected to the Board, enhancing governance with his extensive legal and business experience.
FOX News Audio has partnered with Apple Podcasts Subscriptions to launch FOX News Podcasts+, a subscription service priced at $2.99/month or $29.99/year. This platform offers exclusive content, including seasonal specials and commercial-free versions of popular shows like FOX News Sunday and The Brian Kilmeade Show. The service includes access to over 40 original podcasts hosted by network personalities. FOX News Podcasts has seen significant growth, ranking among the top 15 podcast publishers and achieving double-digit year-over-year growth in Q1 2021.
Fox Corporation (Nasdaq: FOXA, FOX) has announced that Chief Financial Officer Steve Tomsic will present at the Credit Suisse 23rd Annual Communications Conference on June 14, 2021, at 12:40 PM Eastern time. A live and archived webcast of his presentation will be accessible at investor.foxcorporation.com.
Fox Corporation is renowned for producing compelling news, sports, and entertainment content through brands like FOX News Media and FOX Sports, which play a significant role in engaging audiences nationwide.
FOX News Media's franchise series Proud American will celebrate its eighth year by honoring U.S. armed forces and veterans, featuring stories across multiple platforms including FOX News Channel and FOX News Digital. In a Memorial Day commemoration, the series includes donations of $25,000 to The Navy Seal Foundation and $15,000 to the USO. Special programming starts May 28, with live broadcasts from iconic sites and special podcasts hosted by veterans. FOX News remains the top-rated cable news network, reaching 200 million monthly viewers.
FOX News International is expanding into Asia, starting May 27, reaching a total of 37 countries. The service, which includes live streams of FOX News Channel and FOX Business Network, previously launched in Turkey in March and Mexico last August. April 2021 marked record engagement for the platform. Notable download success was seen in the UK, Germany, and Spain, with Turkey performing well despite its recent launch. The service costs $6.99 monthly and is available on multiple platforms, including iOS and Android.
FOX Nation announced the launch of FOX News Primetime All The Time, allowing subscribers to access on-demand episodes of popular FNC shows like Tucker Carlson Tonight, Hannity, and The Ingraham Angle starting June 2. This service enhances viewer flexibility, making highly-rated programming available anytime. The move complements FOX Nation's existing content, which includes over 3,200 hours of original programming and documentaries. FNC's primetime shows continue to dominate cable news ratings, outperforming competitors significantly in viewership.
Fox Corporation (Nasdaq: FOXA, FOX) announced that Chief Operating Officer John Nallen will participate in a keynote session at the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 26, at approximately 12:40 PM Eastern (9:40 AM Pacific). A live and archived webcast of the presentation will be available at investor.foxcorporation.com. Fox Corporation is known for its leading brands in news, sports, and entertainment, including FOX News Media and FOX Sports.