Exhibit 99.1 EARNINGS RELEASE FOR THE QUARTER ENDED MARCH 31, 2024 FOX REPORTS THIRD QUARTER FISCAL 2024 REVENUES OF $3.45 BILLION, NET INCOME OF$704 MILLION, AND ADJUSTED EBITDA OF $891 MILLION NEW YORK, NY, May 8, 2024 – Fox Corporation (Nasdaq: FOXA, FOX; “FOX” or the “Company”) today reported financial results for the three months ended March 31, 2024. The Company reported total quarterly revenues of$3.45 billion as compared to the $4.08 billion reported in the prior year quarter. Affiliate fee revenu ...