Investment management companies such as
Benson,
Epoch, and
First Trust Advisors have collectively purchased millions of shares in Fox Corporation (NASDAQ:FOXA). Furthermore,
Alaska Permanent Fund Corp holds a stake worth $1.82M in the media conglomerate. Conversely,
Vanguard Group and
Neuberger Bermen Group sold substantial FOXA shares recently. The corporation posted a series of fiscal reports with Q1 2024 revenues at $3.21 billion, Q2 revenues at an impressive $4.23 billion, and Q3 revenues slightly less at $3.45 billion. However, the company saw a 20% dip in ad revenue due to lower ratings and political ad revenue. On the partnership front,
FOX and
The Trade Desk announced extensive advertising integrations across the Fox portfolio; Fox also revealed
TIME as its first publishing partner on Verify Protocol. In a contentious development, the corporation’s stock price suffered after Tucker Carlson's exit and a subsequent lawsuit settlement, but it continued its business trajectory, unveiling the ‘Fox Future’ studio lot project, and making key board and legal appointments.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Mon, 24 Jun 2024 01:32:48 GMT -
Rating 5
- Innovation 4
- Information 5
- Rumor 3
