Lachlan Murdoch: Last News

Todd Spangler NY Digital EditorFox Corp. operates the only one of the four major U.S.

Fox revenues hit $3.03 billion for June quarter, up 5% from $2.89 billion. Ad sales popped 7%, primarily on stronger pricing and higher ratings at FOX News, political advertising revenues at Fox Television Stations and continued growth at TUBI.

Brian Steinberg Senior TV EditorMany media companies have expressed concern about whether Madison Avenue will continue to keep spending as the nation worries about a possible recession. At Fox Corp., for now at least, advertisers have continued to loosen their purse strings.Fox Corp.

Jennifer Maas TV Business WriterSUN VALLEY, Idaho — Rupert Murdoch will attend Allen & Co.’s Sun Valley conference this week, Variety has confirmed.The annual event colloquially known as “summer camp for billionaires” kicks off as usual on July 5 at the Sun Valley Lodge in the titular Idaho resort town. Murdoch, 91, arrived on site during the July 4th holiday on Monday, according to a source familiar with the matter, two days after the Fox Corp.

The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat. After guests arrive on Tuesday, official activities get under way Wednesday.

Dominion Voting Systems scored a legal victory in its efforts to hold Rupert and Lachlan Murdoch’s Fox Corp. liable in its defamation lawsuit, not just Fox News, after the network featured guests and personalities who amplified false election rigging claims.

Fox Corp. CEO Lachlan Murdoch said seven-time Super Bowl champion Tom Brady will be much more than a Sunday night analyst for Fox Sports but a partner after inking a deal said to be worth $375 million over ten years with the Tampa Bay Buccaneers quarterback.

Breaking records on and off the field? Fox spoke out about the reported $375 million deal Tom Brady signed to become the network’s lead NFL analyst once he retires from football for good.

Tom Brady decides to retire (again) the NFL star won't have to ponder what's next in his professional football career, because he's already got a job lined up. And it pays handsomely, too.The Tampa Bay Buccaneers quarterback is set to be the lead NFL analyst for FOX Sports upon his retirement.

Tom Brady retires he won’t be away from the NFL. It was revealed on Tuesday, that the 44-year-old has agreed to a long-term deal to be Fox Sports’ lead NFL analyst immediately after he retires.

Plans after plans. Tom Brady is set to join Fox Sports after he retires from the Tampa Bay Buccaneers. The seven-time Super Bowl champion was announced as the new lead analyst for Fox Sports.

Quarterback Tom Brady has been confirmed as Fox’s lead NFL analyst, with the job waiting for him whenever his playing career finally concludes.

Tom Brady has a job lined up for when he actually does decide to retire from the NFL!

Brian Steinberg Senior TV EditorLegendary football player Tom Brady will join Fox Sports as part of a multi-year deal once he ends his NFL career, lending the company a potential new boost after it lost mainstay announcers Joe Buck and Troy Aikman to ESPN.The news was disclosed by Fox Corporation CEO Lachlan Murdoch during an investor call. The executive said Brady’s arrival at Fox Sports remained uncertain, as the decision about when to walk off the playing field would be left up to the athlete.

Brian Steinberg Senior TV EditorFox Corporation said profit dipped in its third fiscal quarter due to declines in value of some of its outside investments, even as revenue increased at its mainstay cable and broadcast operations.The owner of the Fox broadcast network, Fox Sports and Fox News Channel said net income attributable to shareholders came to $283 million, or 50 cents per share, compared with  $567 million, or 96 cents per share, in the year-earlier period. The company has a sizable stake in Flutter Entertainment, the sports-betting company that controls FanDuel.  Meanwhile, the company enjoyed a 7% increase in revenue, which rose to $3.46 billion from $3.22 billion a year earlier.In a statement, Fox CEO Lachlan Murdoch cited “pricing strength in both distribution and advertising revenues across our leadership brands, complemented by the powerful momentum we continue to see at Tubi,” the company’s streaming hub, as reasons for the revenue gains.

Fox Corp.’s free, ad-supported streaming service Tubi is working on an expansion of its current arrangement with Nielsen that will enlarge the scope of where its viewership is measured.

Fox Corp.’s Tubi had 3.6 billion hours streamed in 2021, a 40% increase over 2020, as overall viewing migrates from subscription to free and ad-supported services.

Fox Corp. reported sales of $4.4 billion in its fiscal second quarter ended in December, up 9% from the year before, beating Wall Street forecasts and citing sports, Fox Network pricing and Tubi.

Fox Corp.'s stock earned an upgrade on Wednesday thanks to the sports rights cost "clarity" provided by the recent NFL rights renewal andits role as "a potential participant in media M&A." Wells Fargo analyst Steven Cahall upgradedthe shares of Fox, led by CEO Lachlan Murdoch, from "underweight" to "equal weight" and his price target by $14 to $41 writing in a report: "We've historically been bearish on sports as rights tend to grow in excess of linear revenues, and Fox has been the media stock with the most sports leverage." But he highlighted that "we now see the new NFL deal as a clearing event with our out-year TV estimates moving up significantly," adding that "from here, M&A could be an opportunity." Plus, he noted thatsports betting

The Sydney Morning Herald this week, Ben said the strange thing about Margot Robbie is that she's completely unaffected by celebrity.  'The most arresting thing about my co-star Margot Robbie is that she's so unaffected by her fame,' he told the publication.

Brian Steinberg Senior TV EditorEmployees at Fox Corporation had been told to get ready for a return to their offices as soon as January. Now they will wait until at least April.In a memo sent to staffers, Lachlan Murdoch, the company’s executive chairman and CEO, said Fox Corp.