Latest Fox Corp News
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...
Disney posts solid Q1 results thanks to its theme parks and cost cuts
SAN FRANCISCO (AP) — The Walt Disney Co. on Wednesday posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks business. CEO Bob Iger said the company is on track to make its streaming services...
From Uber Eats' 'Friends' reunion to Bud's Clydesdales, here are the buzziest Super Bowl ads so far
NEW YORK (AP) — If you watch the Super Bowl for the commercials, you no longer have to wait until the big game to see what advertisers have in store for viewers. Many companies now release ads ahead of the game in the hope of capitalizing on the buzz that builds as the game...
Fox: Fiscal Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Fox Corp. (FOXA) on Wednesday reported fiscal second-quarter profit of $109 million. The New York-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs, were 34 cents per share. The...
ESPN, Fox, Warner Bros. Discovery are planning a sports streaming platform in the fall
ESPN, Fox and Warner Bros. Discovery announced plans on Tuesday to launch a sports streaming platform in the fall that will include offerings from at least 15 networks and all four major professional sports leagues. A one-stop app to view most sports should be a welcome sight for...
