Fox Corporation Class B (FOX)

Fox Corporation's stock price experienced fluctuations in the past six months, reaching an all-time high of $53.95 on February 24, 2025, and closing at $51.68 on July 18, 2025, with a 49.06% increase over the last year. Key events impacting the stock include the Q3 Fiscal 2025 Earnings Report, which showed a 27% increase in quarterly revenues due to the Super Bowl, digital growth from Tubi, and stronger news ratings. The launch of FOX One streaming service in Fall 2025 aims to consolidate news, sports, and entertainment content. Upfront negotiations in July 2025 concluded with double-digit volume growth across news, sports, and entertainment, with sports commitments exceeding $2 billion and Tubi experiencing 35% year-over-year volume growth.

Demand for Fox Corporation's products and services exhibits seasonality, driven by live news and sports content. Major sporting events like the Super Bowl and the NFL and college football seasons significantly impact advertising revenue. Political seasons drive political advertising, benefiting cable news channels and local broadcast television stations. Tubi has shown significant growth in total viewing time and monthly active users, contributing to increased advertising volume year-over-year. Fox's focus on live news and sports helps maintain consistent demand and attract advertisers.

Fox Corporation is an American multinational mass media company focused on news, sports, and entertainment, operating in the broadcasting industry. Its major brands include FOX News Media, FOX Sports, the FOX Network, FOX Television Stations, and Tubi Media Group. FOX News Media includes various channels, digital platforms, audio content, books, and streaming services. FOX Sports encompasses multi-platform U.S.-based sports assets. FOX Entertainment includes the FOX Television Network, FOX Entertainment Studios, and FOX Entertainment Global. The company owns 29 full-power broadcast television stations and the AVOD service Tubi, and has interests in joint ventures like the Big Ten Network.

Fox Corporation's primary operational focus is the United States, with headquarters in New York City and additional offices in Burbank, California. FOX Television Stations operate across the U.S., including in 14 of the top 15 largest DMAs. The company maintains a global presence through international bureaus for news gathering, acquisition and broadcast of international sporting events, and global distribution of programming through licensing agreements and partnerships.

Fox Corporation's brand reputation has been influenced by its news division, particularly Fox News. Fox News has faced scrutiny and legal challenges, including a $787.5 million settlement with Dominion Voting Systems in April 2023 over defamation claims. In July 2024, Fox News faced scrutiny regarding the editing of a Donald Trump interview concerning Jeffrey Epstein, with critics suggesting the edit might have been intended to shield then-candidate Trump from further association with Epstein.

Fox Corporation's ownership is distributed among institutional investors, individual shareholders, and insiders, with the Murdoch family maintaining significant control through Class B voting shares. Rupert Murdoch, as chairman emeritus, and Lachlan Murdoch, as chairman and CEO, play key roles. The Family Trust Murdoch is the largest individual shareholder, owning 22.73% of the company. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp.