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 |
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 |