Company
Fox Corporation
Headquarters: New York, NY, United States
Founded: January 1, 2019
Employees: 9,000
CEO: Mr. Lachlan Keith Murdoch
Market Cap
$14.00 Billion
USD as of Jan. 1, 2024
Fox Corporation Categories
United States Communication Services BroadcastingUnited States Communication Services United States Broadcasting
Top Competitors by Market Capitalization
Industry: Broadcasting
| Company | Market Cap (USD) |
|---|---|
| Kuaishou Technology | $28.59 B |
| Sirius XM Holdings Inc. | $20.86 B |
| Formula One Group | $14.42 B |
| News Corporation | $14.06 B |
| Vivendi SA | $10.96 B |
Detailed Description
Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through three segments: Cable Network Programming; Television; and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online multi-channel video programming distributors. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; and FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes broadcast network programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; MyNetworkTV, a programming distribution service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; Bento Box, which develops and produces animated programing; and Tubi, a free advertising-supported video-on-demand service. This segment owns and operates 29 broadcast television stations. The Other, Corporate and Eliminations segment owns the FOX Studios lot that provides production and post-production services, including 15 sound stages, 2 broadcast studios, theaters and screening rooms, editing bays, and television and film production facilities in Los Angeles, California. The company was incorporated in 2018 and is based in New York, New York.
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Stocks & Indices
Fox Corporation has the following listings and related stock indices.
Stock: NASDAQ: FOXA wb_incandescent
Stock: NASDAQ: FOX wb_incandescent
Stock: Bovespa: FOXC34 wb_incandescent
Stock: FSX: FO5B wb_incandescent
Key People
Founder(s): Rupert Murdoch
Lachlan Murdoch (Executive chairman, CEO) Rupert Murdoch (Chairman) John Nallen (COO)
Financials
Revenue: US$12.3 billion (2020)
Operating income: US$2.59 billion (2020)
Net income: US$999 million (2020)
Total assets: US$21.75 billion (2020)
Total equity: US$10.42 billion (2020)