Fox Corp. Class A
CBS-owned stations added to free, rapidly growing local news streaming service VUit
The streaming platform VUit is bulking up with newscasts from Paramount Global‘s owned and operated local CBS TV stations as the fledgling service looks to take a bigger foothold in the sprawling U.S. local news market. The streaming newscasts from CBS’s 13 owned and operated stations, two of which are in the major markets New […]
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Rupert Murdoch will be deposed in Dominion’s $1.6 billion lawsuit against Fox
Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Fox Corp. Chairman Rupert Murdoch is scheduled to appear for a deposition next week as part […]
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Fox CEO Lachlan Murdoch to confront questioning as section of Dominion Voting’s $1.6 billion lawsuit
Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the yearly Allen and Co. Solar Valley media convention in Sun Valley, Idaho, July 11, 2019. Brendan McDermid | Reuters Fox Corp. CEO Lachlan Murdoch is slated to look for a deposition on Monday as the Dominion Voting Methods defamation lawsuit in opposition to […]
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Potential News Corp, Fox reunion faces opposition from big shareholder
Rupert Murdoch, Main Executive Officer of Information Corp. Getty Images Rupert Murdoch’s proposed system to reunite Information Corp and Fox is experiencing opposition from 1 of the major shareholders in both of those providers, Unbiased Franchise Partners. The London-dependent organization believes other solutions, these types of as a breakup of Information Corp, ought to also […]
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Fox loses legal battle to buy a stake in FanDuel from parent company Flutter at a lower valuation
The FanDuel Inc. app. Andrew Harrer | Bloomberg | Getty Images Fox lost a legal battle to buy an 18.6% stake in sports betting company FanDuel Group from its parent company Flutter at a reduced valuation, according to a ruling Friday from a New York arbitrator. Should Fox exercise its option to take the stake, […]
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Warner Bros Discovery stories underwhelming earnings, suggests new streaming provider coming earlier
Warner Bros. Discovery noted its 3rd-quarter earnings on Thursday, lacking analyst expectations, as it felt the results of a tricky advertising and marketing setting and fees involved with its publish-merger restructuring. CEO David Zaslav also introduced that the merged variation of the firm’s HBO Max and Discovery+ streaming services will be coming in the spring, […]
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Women athletes now have their own sports network
Finding women’s sports is about to get easier. The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original programming, competitions, documentaries and a daily studio show “Game On.” The Women’s Sports Network is a free, ad-supported network featured on streaming services including Amazon.com‘s Freevee, Fox Corp.’s […]
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Stocks making the biggest moves midday: Uber, Abiomed, Peloton, Carvana, Molson Coors and more
A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock price, which is down nearly 50 percent for the year. Scott Olson | Getty Images Check out the companies making headlines in […]
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Fox earnings lifted by advertising revenue from free streaming service Tubi
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for its first fiscal quarter, noting that […]
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