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Fox Corp. says it collected more than $800 million in advertising revenue from its broadcasts and streams of Super Bowl LIX on Fox, Fox Deportes and Tubi. In Sunday's game, the Philadelphia Eagles rolled over the two-time defending champion Kansas City Chiefs, 40-22.
LOS ANGELES , Feb. 12, 2025 /PRNewswire/ -- Fox Corporation (NASDAQ: FOXA) (NASDAQ: FOX) today announced that the presentation of Super Bowl LIX on FOX and Tubi generated over $800 Million in gross revenue from advertising sales across all platforms, with record pricing for the sold-out game. "The clear winners Sunday night were the Eagles, the NFL, and FOX.
Investors looking for stocks in the Broadcast Radio and Television sector might want to consider either Fox (FOXA) or Netflix (NFLX). But which of these two companies is the best option for those looking for undervalued stocks?
While Fox News remains the highest-rated cable news network, the 2024 election cycle revealed that some audiences preferred to get their information from podcasts.
LOS ANGELES , Feb. 10, 2025 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (Nasdaq: FOXA, FOX) today announced its acquisition of Red Seat Ventures, a leading business in the creator economy that powers talent across a range of genres as they build their direct-to-consumer media businesses. Red Seat Ventures will operate as a standalone entity within FOX's Tubi Media Group.
Tom Yeung here with today's Sunday Digest. Keeping up with President Donald Trump's announcements has become a full-time job.
As the primary broadcaster of this year's Superbowl, Fox (FOXA) could be on the cusp of record viewership on Sunday with the Kansas City Chiefs bidding for the first "three-peat" in NFL history.
Fox's entry into the streaming market by the end of 2024 is a significant shift, aligning with the 2025 NFL season. The new service will include all Fox channels, focusing on sports and news, priced high to target cord-nevers and cord-cutters. A third leg strategy is crucial to cater to customers wanting Fox Sports without Fox News, potentially involving partnerships with Disney or Comcast.
Fox Corporation is a major media player, focusing on live news and sports, and I rate them a cautious Buy rating and $57 price target. Q2 FY2025 results showed strong financial performance, with revenue up 20% and net income nearly tripling, driven by advertising and sports. Key risks include cord-cutting, Tubi's profitability, and fewer macro catalysts (Election, Olympics, Super Bowl) in 2025, likely impacting FOXA's growth and profitability.
Fox's fiscal Q2 results reflect an increase in Affiliate fees, driven by growth in the Television segment and Cable Network Programming segment.