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Fox Ad Revenue Surged Nearly 50% In FYQ1 Buoyed By World Cup, Political, Tubi

Fox Corp. revenue jumped 22% last quarter to $4.57 billion, ahead of expectations, driven by a 47% surge in ad sales due to the current year broadcast of the FIFA Men’s World Cup, higher political advertising revenue, and continued digital growth led by Tubi. Distribution revenue increased 9%, driven by 10% growth at the Cable […]

Deadline · 18h ago
Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads

Fox Corporation said profit in its fiscal first quarter was bolstered by advertising revenue tied to its multi-week telecast of the FIFA World Cup as well as increases in political ads and in the number of subscribers to its TV networks — dynamics that many traditional media corporations are hard-pressed to duplicate in the streaming […]

Variety · 18h ago