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06.02.2025 / 01:09

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CEO Of Rupert Murdoch’s News Corp. Says Donald Trump’s Election Win Lifted “Yoke Of Woke” From U.S. Businesses

Robert Thomson, CEO of Rupert Murdoch’s News Corp, didn’t exactly tiptoe around the subject of politics when presiding over the company’s quarterly earnings call Wednesday.

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Fox Corp. Expects to Launch New Stand-Alone Streamer By End of 2025

Brian Steinberg Senior TV Editor Fox’s Sunday-afternoon football games and Fox News host Jesse Watters may soon have a new digital home. Fox Corporation expects to launch a new stand-alone subscription-based streaming service by the end of 2025, as the company, which has resisted the call to plunge millions into developing premium content for broadband audiences, sees new allure in the business.

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Fox Corp. Gets Q2 Profit Boost From Political Ads, Sports

Brian Steinberg Senior TV Editor Fox Corporation saw profit in its fiscal second quarter surge due to its reliance on news and sports programming, with ads tied to the 2024 presidential election and big-audience MLB and NFL telecasts giving a boost to operations at the company. The owner of Fox News Channel and the Fox broadcast network said net income attributable to the company came to $373 million, or 81 cents per share, compared with $109 million, or 23 cents per share in the year-ago period.

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Fox Corp. Rides Ad Sales Boom From Sports And Political Coverage In Strong Fiscal Q2 Report

Fox Corp. exceeded Wall Street expectations in the October-to-December quarter, riding a surge of advertising revenue from news and sports.

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Fox Breaks $8M Barrier For A 30-Second Super Bowl Ad, Selling At Least 10 Spots At That Level

Fox has cracked the $8 million mark for a 30-second Super Bowl ad, selling at least 10 spots at that level, according to sources familiar with negotiations ahead of the February 9 game.

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New FCC Chair Revives Complaints About ABC, CBS And NBC Content That His Predecessor Rejected As “At Odds With The First Amendment”

Brendan Carr, newly installed as chairman of the FCC under the new Trump administration, is reviving a trio of complaints aimed at NBC, ABC and CBS content, ones that his predecessor dismissed for being “at odds with the First Amendment.”

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Exiting FCC Chair Warns That Agency “Should Not Be The President’s Speech Police” As Broadcast News Complaints Are Dismissed

The departing chairwoman of the FCC, Jessica Rosenworcel, warned of efforts to tie the broadcast station license renewals to news content, as the agency dismissed a series of complaints brought from the left and the right.

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Rupert Murdoch Loses Bid to Change Family Trust to Give Control to Son Lachlan (Report)

Brian Steinberg Senior TV Editor Rupert Murdoch‘s eyebrow-raising attempt to restructure the family trust that governs Fox Corp. and News Corp. was rebuked last week in probate court in Las Vegas, thwarting — at least for now — the media mogul’s efforts to change the dictates of how four of his children, including current Fox CEO Lachlan Murdoch might govern the companies after he dies.

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News Corp. Defeats Shareholder Push To Ditch Super Voting Stock Amid Succession Jitters

News Corp. has defeated a shareholder proposal to adopt a recapitalization plan to eliminate News Corp’s dual-class capital structure that includes regular shares and super-voting share, most of which are owned by the Murdoch family.

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Lachlan Murdoch Doesn’t See Outcome Of Presidential Race Affecting Fox’s Ad Outlook; “Tidal Wave” Of 2024 Political Spending Long Ago Surpassed 2020

Fox Corp. CEO Lachlan Murdoch says the company’s advertising outlook will not be affected by the outcome of the presidential campaign.

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Political Ads, Soccer Drive Q1 Fox Profit

Brian Steinberg Senior TV Editor A surge in ad revenue tied to the coming 2024 presidential election and to a summer filled with soccer broadcasts boosted results in Fox Corp’s first fiscal quarter. The owner of the Fox broadcast network, Fox Sports and Fox News Media said net income attributable to Fox Corporation stockholders came to $827 million, or $1.78 per share in the period, compared to $407 million, or 82 cents a share in the year-earlier quarter. Revenue rose 11%, or $357 million, to $3.56 billion, compared with nearly $3.21 billion a year earlier.

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Rachel Campos-Duffy to Lead Spanish-Language ‘Fox Noticias’ for Fox Deportes

Brian Steinberg Senior TV Editor Fox News Media wants to habla with more viewers. The Fox Corp. unit plans to launch “Fox Noitcias,” a new one-hour Spanish-language program for the Fox Deportes cable outlet.

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Fox CEO Lachlan Murdoch Gets Annual Pay Bump Amid Family Drama

As a Nevada probate court deliberates the future of the Murdoch media empire, a new SEC filing shows that Fox Corp. CEO Lachlan Murdoch took home about $2 million more in overall pay for his services in the most recent fiscal year.

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Rupert Murdoch Succession Battle Will Remain Behind Closed Doors, Nevada Court Rules

EXCLUSIVE: The media and the public will not have access to the upcoming Nevada courtroom battle between Rupert Murdoch and most of his children over the 93-year-old mogul’s media empire.

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Lachlan Murdoch Says Fox Is On The Prowl For M&A

Media deals are having a moment and now a leading player, Fox, is looking to jump in as CEO Lachlan Murdoch told investors at a conference today that the company will train its solid balance sheet on M&A.

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Activist Investor Calls Murdoch Family Dynamics Risky For Shareholders Amid Succession Drama, Will Fight News Corp. Dual Class Share Structure

News Corp. investor Starboard Value said today it plans to challenge the company’s dual-class share structure that gives control to Rupert Murdoch, and would then transfer it to four of his adult children.

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Information About Lachlan Murdoch

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