Fox: Murdoch's Move On Fan Duel Option Is A Game Changer For Both Stocks
Fox's strong IP, profitable linear business, and surging Tubi streamer service make it an undervalued stock, with a bullish outlook despite some softness in year-over-year results. CEO Lachlan Murdoch's announcement to pursue Fox's 18.6% option on Fan Duel, valued at $3.7 billion, is a significant catalyst for future growth. Fox's strategic options include selling its Fan Duel stake for profit, forming a marketing partnership, or potentially merging with Flutter to maximize value.
Rupert Murdoch's Family Court Battle Over Fox Control Mirrors 'Succession' Drama
Award-winning HBO series "Succession," which centered on a media company's patriarch struggle to find a successor for his company was a work of fiction that was well loved by viewers.
Fox stock is beating rivals post-Tucker Carlson ouster
Fox (FOX) stock price has pulled back in the past few days as US equities continue facing substantial headwinds ahead of the Federal Reserve's first interest rate cut. The stock peaked at $38.55 earlier this month and has pulled back by 5.50% to $36.45.
Why Is Fox (FOXA) Up 5% Since Last Earnings Report?
Fox (FOXA) reported earnings 30 days ago. What's next for the stock?
Fox Is Making Strategic Moves Amid Changing Times
Fox Corp. (FOXA, Financial) is known for its diverse portfolio of news, sports and entertainment content. With a strong presence in the U.S. market, the legacy company continues to shape the media landscape through its flagship networks like Fox News, Fox Sports and Fox Broadcasting Company.
Disney, Fox, and WBD's plan to launch sports streamer Venu has backfired — and might put the cable bundle in jeopardy
Venu Sports, a streaming joint venture from three media giants, just had a big setback. A judge ruled that Venu can't launch in late August, as originally planned.
FuboTV Stock Soars on Judge's Ruling on Disney-Fox-Warner Bros. Discover JV
Shares of FuboTV (FUBO) surged further Monday after a judge ruled in favor of the company in its antitrust challenge to a planned joint sports streaming service by The Walt Disney Co. (DIS), Fox Corp. (FOX.A), and Warner Bros. Discovery (WBD) called Venu Sports.
Disney, Fox, Warner Bros. sports streaming venture temporarily blocked by judge
Sports-focused streaming service FuboTV had in February filed an antitrust lawsuit against Disney, Fox, and Warner Bros Discovery over a planned sports streaming platform by the companies.
4 Broadcast Radio & TV Stocks to Watch From a Challenging Industry
Radio and television broadcast companies like NFLX, FOXA, ROKU and TGNA benefit from higher content consumption and steady digital viewing despite intense competition for ad revenues.
Fox Corporation (FOX) Q4 2024 Earnings Call Transcript
Fox Corporation (NASDAQ:FOX ) Q4 2024 Results Conference Call August 6, 2024 8:00 AM ET Company Participants Gabrielle Brown - Executive VP & Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & Chief Executive Officer Steven Tomsic - Chief Financial Officer Conference Call Participants Ben Swinburne - Morgan Stanley John Hodulik - UBS Robert Fishman - MoffettNathanson Jessica Reif Ehrlich Cohen - Bank of America Michael Ng - Goldman Sachs. Operator Ladies and gentlemen, thank you for standing by.
Fox's Earnings Beat Estimates, Driven by Affiliate Fees, Tubi Growth
Fox Corporation (FOXA) shares jumped more than 5% in early trading Tuesday after the media company posted a better-than-expected profit on higher affiliate fees and continued growth of its Tubi free TV and movie streaming service.
Fox (FOXA) Q4 Earnings Beat Estimates, Revenues Increase Y/Y
Fox's (FOXA) fiscal Q4 results reflect top-line growth, primarily due to a rise in affiliate fees driven by the Television and Cable Network Programming segments.
