Latest Fox Corp News
Fox: Fiscal Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Fox Corp. (FOXA) on Wednesday reported fiscal third-quarter profit of $666 million. On a per-share basis, the New York-based company said it had net income of $1.40. Earnings, adjusted for one-time gains and costs, came to $1.09 per share. ...
Disney's streaming business turns a profit in first financial report since challenge to Iger
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year. ...
Fox, AEG announce launch of College Basketball Crown postseason tournament
LOS ANGELES (AP) — Fox Sports and AEG will launch a new postseason college basketball tournament next year. The College Basketball Crown will be a 16-team tournament that will take place March 31 through April 6, 2025, in Las Vegas. The games will take place at the MGM Grand Garden...
NFL owners don't vote on Tom Brady's bid to buy a minority share of the Raiders
NFL owners didn't vote Tuesday on Tom Brady's bid to purchase a stake in the Las Vegas Raiders, putting into question how long the transaction will take or if it will even occur at all. Commissioner Roger Goodell, however, said at the league meetings in Orlando, Florida, that the...
Duty, Honor, Outrage: Change to West Point's mission statement sparks controversy
WEST POINT, N.Y. (AP) — “Duty, Honor, Country” has been the motto of the U.S. Military Academy at West Point since 1898. That motto isn’t changing, but a decision to take those words out of the school's lesser-known mission statement is still generating outrage. Officials at...
Rupert Murdoch, 92, plans to marry for 5th time
Media magnate Rupert Murdoch, who turns 93 next week, has been married four times — and is engaged again, his representative said Saturday. He plans to marry Elena Zhukova, 67, a Russian-born retired scientist he met last year. Her ex-husband Alexander Zhukov is a...
ESPN, College Football Playoff agree on 6-year deal worth $1.3 billion annually, AP sources say
ESPN and the College Football Playoff have agreed to a six-year deal worth $1.3 billion annually that allows the network to keep exclusive rights to the 12-team playoff through the 2031 season, two people with knowledge of the agreement told The Associated Press. The people spoke to...
Super Bowl more of a showcase for media companies instead of the network
LOS ANGELES (AP) — Super Bowl Sunday used to be the one day for a network to showcase its sports division and launch a new show. That is not the case anymore. With media consolidation, the networks are now sharing the stage with its corporate siblings. That's been...
