Fox Corp Stock Price, News & Analysis

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.

FOX News Channel has appointed Rachel Campos-Duffy as co-host of FOX & Friends Weekend, marking her as the first Hispanic woman to hold this role. She joins co-hosts Pete Hegseth and Will Cain starting June 12. Lawrence Jones will transition to enterprise reporter for the franchise. FOX & Friends Weekend leads cable news ratings, particularly in the coveted 25-54 demographic. Campos-Duffy will also continue with her show Moms on FOX Nation and launch a new podcast titled From the Kitchen Table – the Duffy’s.

FOX Weather, the new AVOD streaming weather service from FOX News Media, has appointed six executives to its leadership team, announced president Sharri Berg. The platform will utilize over 75 meteorologists and robust news resources to deliver comprehensive weather updates. Key appointments include David Clark as Senior VP and Head of Programming, Steve Baron as Senior VP Digital Product & Strategy, and Mike McClain as Senior VP and General Manager. This management structure aims to enhance mobile app and streaming channel operations as FOX Weather prepares for its 3Q 2021 launch.

FOX News Media has filed a motion to dismiss the lawsuit from Dominion Voting Systems, arguing it infringes on media free speech rights. Key points include that Dominion failed to prove actionable defamation and did not allege actual malice by FOX. The motion emphasizes the press's role in covering newsworthy government proceedings and states that the allegations against Dominion existed before the presidential election. FOX asserts that Dominion's claims lack substantial legal basis, referencing protections under New York's Anti-SLAPP statute and asserting that the lawsuit threatens press freedoms.

In April, FOX News Digital surpassed CNN.com in total multiplatform minutes for the second consecutive month, achieving over 3.5 billion total multiplatform minutes. The network attracted over 89 million unique visitors and nearly 1.7 billion views, outperforming major news brands. Additionally, FOX News led social media engagement for the 80th consecutive month and dominated YouTube views with over 240 million, reflecting a 54% increase month-over-month. FOXBusiness.com also showed strong performance with over 20 million unique visitors.

FOX Nation, the streaming platform of FOX News Media, is honoring Memorial Day by offering one year of free access to all active U.S. military members and veterans through its Grateful Nation initiative from May 24-31. The promotion coincides with new themed programming showcasing heroic stories of veterans, including Hero Dogs, America’s Top Ranger, Modern Warriors, and USA Ink. FOX Nation aims to celebrate and support service members while providing extensive content dedicated to military experiences.

FOX News Channel will debut a new weekend programming lineup on June 5-6, featuring Trey Gowdy and Dan Bongino in prominent time slots. Gowdy will host a live program at 7 PM/ET on Sundays, focusing on legal and political analysis, while Bongino will host a new show at 10 PM/ET on Saturdays that will address pressing news topics. The network will also permanently add The Big Saturday Show and The Big Sunday Show from 5-6 PM/ET, emphasizing diverse viewpoints. FOX News continues to dominate cable news, available in nearly 90 million homes.

Fox Corporation (Nasdaq: FOXA, FOX) will have Executive Chairman and CEO Lachlan Murdoch participating at the 8th Annual MoffettNathanson Media & Communications Summit on May 13, 2021, at 3:00 PM Eastern. A live and archived webcast will be accessible via investor.foxcorporation.com.

Fox Corporation specializes in producing and distributing news, sports, and entertainment content with brands like FOX News Media, FOX Sports, and FOX Entertainment. The company emphasizes consumer engagement and innovative product offerings.

Fox Corporation (Nasdaq: FOXA, FOX) announced its acquisition of Outkick Media, led by Clay Travis, strengthening its position in digital media and sports wagering. The acquisition aims to enhance FOX's digital portfolio, integrating Outkick's sports content across various channels. Outkick, a leader in sports and opinion content, provides significant marketing support to FanDuel. With a highly engaged audience, Outkick's platforms report over 10 million monthly listeners and substantial podcast downloads. Clay Travis will remain President of Outkick post-acquisition.