Fox Corporation Class B Common Stock (FOX)

Overview

Fox Corporation is a diversified news, sports, and entertainment company rooted in the United States. Since its incorporation in 2018, it has embarked on servicing a wide audience across multiple platforms including traditional cable systems, direct broadcast satellite operators, telecommunication companies, and various digital channels. The company categorizes its operations into three primary segments: Cable Network Programming, Television, and Other, Corporate and Eliminations. With its headquarters in New York, New York, Fox Corporation has etched its presence as a leading content provider in the competitive media landscape.

Products and Services

Fox Corporation extends its offerings through a variety of channels and services, which include:

• Cable Network Programming: This segment is dedicated to the production and licensing of news, business news, and sports content. It reaches its audience via traditional cable television systems, satellite operators, telecommunication companies, virtual multi-channel video programming distributors, and digital platforms, predominantly in the U.S. This segment secures Fox Corporation's presence in the cable network domain by delivering timely and engaging content to diverse audiences.
• Television: Under this segment, Fox Corporation engages in the production, acquisition, marketing, and distribution of programming through various channels. This includes the FOX broadcast network, the ad-supported video-on-demand service Tubi, and numerous power broadcast television stations, some of which operate as duopolies. Additionally, this segment undertakes the production of content both for the company’s purposes and for third parties, thereby enhancing its contributions to the larger media and entertainment industry.
• Other, Corporate and Eliminations: This segment encompasses the operations of the FOX Studio Lot, which offers television and film production services, including office space and studio operation services. Moreover, it operates facility operations that support the logistical needs of content creation. Also part of this segment is Credible, a consumer finance marketplace in the U.S. that widens the corporation's scope beyond traditional media and entertainment.