Fox Corp (OQ:FOXA)

Business Focus: Television Broadcasting

Sector:  Consumer Cyclicals Industry:  Broadcasting
 
See Regulatory Filings on SEC
Company Contact
Address: 1211 Avenue of the Americas
NEW YORK NY 10036-8701
Tel: N/A
Website: https://www.foxcorporation.com
IR: See website
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Key People
Lachlan Keith Murdoch
Executive Chairman of the Board
Anjali Sud
Chief Executive Officer
Steve Tomsic
Chief Financial Officer
John P. Nallen
Chief Operating Officer
Adam G. Ciongoli
Chief Legal and Policy Officer
 
Business Overview
Fox Corporation is a news, sports, and entertainment company. The Company operates in three segments: Cable Network Programming, Television and Other, Corporate and Eliminations. The Cable Network Programming segment produces, and licenses news and sports content distributed through traditional cable television systems, direct broadcast satellite operators and telecommunication companies (traditional MVPDs), virtual multi-channel video programming distributors (virtual MVPDs) and other digital platforms primarily in the United States. The Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand (AVOD) service TUBI, 29 full broadcast television stations, including 11 duopolies, and other digital platforms, primarily in the United States. The Other, Corporate and Eliminations segment consists of the FOX Studio Lot, which provides television and film production services and Credible Labs Inc.
Financial Overview
For the six months ended 31 December 2023, Fox Corp revenues decreased 5% to $7.44B. Net income decreased 44% to $516M. Revenues reflect Television segment decrease of 7% to $4.32B, Cable Network Programming segment decrease of 1% to $3.05B. Net income also reflects FV Adjustments of Financial Investmen decrease from $135M (income) to $193M (expense), Interest Expense increase of 19% to $210M (expense).
Employees: 10,400 as of Jun 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $18,206M as of Dec 31, 2023
Annual revenue (TTM): $14,557M as of Dec 31, 2023
EBITDA (TTM): $2,771M as of Dec 31, 2023
Net annual income (TTM): $837.00M as of Dec 31, 2023
Free cash flow (TTM): $886.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $4,323M as of Dec 31, 2023
Shares outstanding: 474,876,140 as of Feb 5, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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