Fox Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday, helped by steady demand for its Tubi streaming service in the United States, sending its shares up nearly 5% in early trading.

Fox CEO Lachlan Murdoch noted reinvigorated ratings and share growth at Fox News last quarter and said the company is looking at major momentum at the cable news network and at Fox TV stations heading into a heated election cycle. Fox this morning posted a mixed fiscal fourth quarter with total sales of $3.

FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION,  NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, including delivering strong total company affiliate revenue growth each quarter from our ongoing renewals, cementing Tubi's position as the most watched free TV and movie streaming service in the United States, and generating reinvigorated ratings and share growth at FOX News.

LOS ANGELES — Venu Sports — the sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery — will be available for $42.99 per month with its planned launch in the fall.

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Venu Sports, the sports-streaming service formed by Walt Disney , Fox and Warner Bros Discovery , will be priced at $42.99 per month with a seven-day free trial, it said on Thursday.

'Mad Money' host Jim Cramer looks at how media stocks could benefit from this year's election cycle.

NEW YORK and LOS ANGELES , July 26, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) will discuss fourth quarter and full year financial results for the 2024 fiscal year ended June 30, 2024, via a live audio webcast beginning at 8:00 a.m. ET / 5:00 a.m.

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Fox Corp (NASDAQ:FOXA) will introduce a free streaming service, Tubi, in the UK to rival Netflix and Disney, marking its first entry into Britain's ad-supported digital TV market, reports the Financial Times. Tubi, which will offer over 20,000 movies and TV episodes, including titles like "Billy Elliot" and "Pacific Rim," will launch in the coming weeks, the paper said.