FOX - Fox Corporation
After hours:
| Previous close | 29.84 |
| Open | 29.82 |
| Bid | 29.70 x 800 |
| Ask | 30.60 x 800 |
| Day's range | 29.75 - 30.11 |
| 52-week range | 26.35 - 34.42 |
| Volume | |
| Avg. volume | 1,268,904 |
| Market cap | 15.73B |
| Beta (5Y monthly) | 0.86 |
| PE ratio (TTM) | 13.74 |
| EPS (TTM) | 2.19 |
| Earnings date | N/A |
| Forward dividend & yield | 0.50 (1.71%) |
| Ex-dividend date | 28 Feb 2023 |
| 1y target est | 51.50 |
Business WireFOX News Channel to Debut New Weekend Primetime Lineup on June 3
NEW YORK, June 01, 2023--FOX News Channel (FNC) will debut a new weekend primetime lineup beginning Saturday, June 3, announced Megan Albano, Senior Vice President of The Five & Weekend Programming. The Big Saturday/Sunday Show will become The Big Weekend Show, airing at 7 PM/ET on Saturdays and Sundays while FOX News Saturday Night will premiere at 10 PM/ET. Additionally, The Next Revolution will end its 9 PM/ET Sunday run, as Steve Hilton steps back from hosting a weekly show to focus on his n
ReutersCox Media, other broadcasters to pay $48 million to end price-fixing claims
Cox Media Group LLC, Fox Corp and CBS Corp have agreed to pay a combined $48 million to resolve civil antitrust claims in U.S. Court that accuse them of a conspiracy to artificially fix the prices of spot advertising on broadcast television. Cox has agreed to pay $37 million to settle class-action claims brought on behalf of an advertising company and a small heating and cooling business, the plaintiffs' lawyers said in a filing on Friday in U.S. District Court for the Northern District of Illinois. Fox will pay $6 million, and CBS, now known as Paramount Global, will pay $5 million, the court filing showed.
Business WireSen. Joni Ernst and Sen. Jeanne Shaheen to Participate in Forum Live on FOX Nation From Edward M. Kennedy Institute
BOSTON, May 30, 2023--The third installment of The Senate Project series will feature Senators Joni Ernst (R-IA) and Jeanne Shaheen (D-NH) in a forum moderated by FOX News Channel’s (FNC) chief political anchor Bret Baier on Monday, June 12 at 11 a.m. EDT/8 a.m. PDT from the Edward M. Kennedy Institute for the United States Senate in Boston. The event will run live, commercial free on FOX News Media’s streaming platform, FOX Nation that day and will later air on FNC on Sunday, June 18 at 10 p.m.
Business WireFOX Nation to Present Season Two of Hit Series Duck Family Treasure on Sunday June 11
NEW YORK, May 24, 2023--FOX Nation, FOX News Media’s subscription-based streaming service, will debut season two of its breakout original series Duck Family Treasure on Sunday, June 11th, announced FOX Nation President Jason Klarman. Produced in conjunction with Warm Springs Productions, the five-episode series will feature the famed Robertson family as they continue their quest for buried treasure. Episode two will also air on FOX News Channel (FNC) that night at 10 PM/ET.
ReutersShareholders ask Fox Corp to study labels for news vs opinion
Investors including well-known activist John Chevedden filed a shareholder resolution calling on Fox Corp to study using on-air branding to distinguish its news and opinion programming. The resolution meant for the media company's annual meeting, traditionally held in the fall, cites its recent $787.5 million settlement of a defamation lawsuit by Dominion Voting Systems over Fox's coverage of false vote-rigging claims in the 2020 U.S. election. Even so, Fox News viewers continue to perceive the company's non-news shows as journalism, which "poses significant risks to our Company and to our national democracy," states an introduction to the resolution seen by Reuters on Tuesday.
Business WireOutKick Sees Record Month of YouTube Subscribers
NEW YORK, May 18, 2023--OutKick, the fastest growing national multimedia sports platform, saw a record increase of more than 140% in YouTube subscribers from March to April 2023. The platform also had a record month of video views on YouTube with 284.2 million, which is up 909% versus March 2023, according to Shareablee.
Business WireFOX News Digital Continues to Lead All News Brands With Multiplatform Views and Minutes
NEW YORK, May 17, 2023--FOX News Digital finished April 2023 once again as the top-performing news organization in the competitive set in both multiplatform minutes and multiplatform views, according to Comscore. This marks seven consecutive months as the top news brand with multiplatform views and 26 straight months as number one with multiplatform minutes. FOX News Digital closed out April reaching 3.2 billion total multiplatform minutes, 1.6 billion total multiplatform views, and 103 million
WSJInside the Writers Strike: Negotiators Explain Where Talks Broke Down
WSJ sat down for exclusive interviews with the showrunners of “Abbott Elementary” and “The Handmaid’s Tale” to understand the key sticking points that led to the writers’ strike and what’s next for the industry. Photo Illustration: Amber Bragdon/Getty Images
Business WireFOX News Books to Release "Unbroken Bonds of Battle" by Retired Staff Sergeant Johnny Joey Jones on June 27th
NEW YORK, May 14, 2023--FOX News Books, FOX News Media’s publishing imprint, will release its seventh title on Tuesday, June 27th, "Unbroken Bonds of Battle," by FOX News Channel (FNC) contributor, FOX Nation host and combat veteran Johnny Joey Jones. The book follows the Modern Warriors franchise debut title "Modern Warriors: Real Stories from Real Heroes" authored by FOX & Friends Weekend co-host and veteran Pete Hegseth, which was a New York Times bestseller.
- Investing.com
Tesla, PacWest and Icahn Enterprises rise premarket; Fox falls
Investing.com -- Stocks in focus in premarket trade on Friday, May 12th. Please refresh for updates.
- Investing.com
4 big analyst cuts: Fox stock slips on Wells Fargo downgrade
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Fox, ImmunityBio, Northrop Grumman, and Diageo. Wells Fargo downgraded Fox (NASDAQ:FOXA) to Equal Weight from Overweight and cut its price target to $34.00 from $44.00, as reported in real-time on InvestingPro.
ReutersDominion CEO describes deliberation around $787.5 million settlement with Fox
When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April, the CEO of Dominion Voting Systems and his partner saw the figure as “a very big price to put on truth and journalism and probably not a bad precedent,” Dominion head John Poulos said Wednesday. Poulos, Dominion’s co-founder and chief executive, spoke about his experience settling the historic lawsuit during an interview at the Sir Harry Evans Global Summit in Investigative Journalism in London. Dominion sued Fox News and parent company Fox Corp in 2021 over the network’s coverage of false vote-rigging claims about the voting technology firm.
Yahoo Finance VideoDigital media landscape stuck between 'a soft ad market' and audience engagement concerns: Reporter
The Washington Post Media Reporter Elahe Izadi discusses the ever-changing digital media landscape as Tucker Carlson agrees to a deal with Elon Musk to air his show on Twitter after his departure from Fox News, and break down how the rise of AI generated content at BuzzFeed is impacting the future of digital advertising.
ZacksFox (FOXA) Q3 Earnings Beat Estimates, Revenues Increase Y/Y
Fox's (FOXA) third-quarter fiscal 2023 results reflect strong growth in advertising revenues driven by the positive impact of Super Bowl LVII and continued growth at Tubi.
ReutersFox tops profit expectations as CEO affirms programming strategy after Tucker Carlson dismissal
Broadcaster Fox Corp beat estimates for third-quarter revenue and adjusted profit on Tuesday, as Chief Executive Lachlan Murdoch affirmed the company’s prime-time programming strategy following its recent $787.5 million settlement with Dominion Voting Systems and dismissal of star host Tucker Carlson. Dominion had sued Fox for $1.6 billion over its coverage of debunked vote-rigging claims about the voting technology firm. “We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and a multi-year appeal process, a decision clearly in the best interest of the company and its shareholders,” Murdoch said during a call with investors.
Business WireFOX News Channel Dedicates Its London Bureau to Photojournalist Pierre Zakrzewski
NEW YORK, May 08, 2023--FOX News Channel (FNC) has dedicated its London bureau to its beloved cameraman Pierre Zakrzewski, who was killed last year after his vehicle was struck by incoming fire while news gathering in a village outside Kyiv, Ukraine. The attack critically injured FNC’s State Department correspondent Benjamin Hall and killed Ukrainian journalist Oleksandra Kuvshynova.
ZacksIs a Surprise Coming for Fox (FOXA) This Earnings Season?
Fox (FOXA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Business WireFOX Business Network Marks Full Year Outpacing CNBC in Business Day With Viewers
NEW YORK, May 02, 2023--FOX Business Network (FBN) ended the month of April 2023 marking a full year outranking CNBC in business day viewers. Additionally, the network delivered year-over-year growth across all key dayparts, while also scoring the most-watched business programs on television, according to Nielsen Media Research.
Yahoo Finance VideoVice made promises it couldn't keep: Media Reporter
Vice, the media company once valued at $5.7 billion dollars, might be headed for bankruptcy, according to multiple reports. The company once vowed to be a disruptor to the media industry, but could not figure out a way to turn a profit. Washington Post media reporter Elahe Izadi says digital media organizations made the following claims early on, "We are the future of media. We can attract millennials, younger audiences, newspapers are dying, print is dying, and this is really the future and they sold this promise, and as we can see, they couldn't grow fast enough to make up for those promises, especially when we're now in an economic environment where the advertising industry and the and the advertising revenue has dropped off." Its potential downfall underscores the tough environment facing digital media companies as they struggle to cut spending during economic uncertainty. "When we're talking digital media... during the pandemic and especially at the start, we actually saw audience spike, there was a lot of online interest, reader interest saw a lot of that happening, but that didn't necessarily mean an increase in revenues," Elahe Izadi said. In an interview with Yahoo Finance's Rachelle Akuffo, Izadi also says that in the case of companies relying on other companies like those who rely on Google (GOOGL) and Meta Platforms (META), their businesses can also be susceptible to disruptions from something like a changed algorithm. Video highlights Vice's origins 00:00:14 Digital media's early promises 00:00:45 Digital media outlook 00:01:53
Business WireFOX Nation Partners With PBR (Professional Bull Riders) For New Series Last Cowboy Standing On Sunday, May 7th
NEW YORK, May 01, 2023--FOX Nation, FOX News Media’s streaming service, will debut a new four-part series titled Last Cowboy Standing on Sunday, May 7th, announced Jason Klarman, president of the platform. Based in Fort Worth, Texas, the series will feature an in-depth look into what it takes to become a professional bull riding champion. Under the watchful tutelage of five legendary mentors including PBR (Professional Bull Riders) CEO and Commissioner Sean Gleason, PBR founding member Cody Lamb
Yahoo Finance VideoFox Corporation stock slides on Tucker Carlson departure
Yahoo Finance’s Allie Canal joins the Live show to discuss the decline in stock for Fox Corporation following news that Tucker Carlson has parted ways from the network.
- Investing.com
Tech earnings loom, UBS reports, U.S. cable news shake-up - what's moving markets
Investing.com -- U.S. stock futures point lower with key tech earnings waiting in the wings. Investors get a peek at how March's banking sector turmoil impacted two lenders near the center of the crisis, while two U.S. cable news channels announce shock departures by some of their brightest stars.
Yahoo Finance VideoTucker Carlson's firing shows networks like Fox News are 'the real owners' of ratings: Reporter
Vanity Fair Special Correspondent Brian Stelter joins the Yahoo Finance Live show to discuss the decline of Fox shares and the impact the departure of Tucker Carlson will have on the media company. Stelter also shares his thoughts on the firing of Don Lemon from CNN.
Yahoo Finance VideoFox News fires host Tucker Carlson amid several major media shakeups
Yahoo Finance media reporter Allie Canal joins Yahoo Finance Live to talk about the departures of Fox News host Tucker Carlson and CNN anchor Don Lemon from their networks. The team also reported on NBCUniversal CEO Jeff Shell's exit from the media company.