Fox Is Making Strategic Moves Amid Changing Times
Fox(FOXA) Gurufocus·2024-09-03 22:15
Fox Corp. (FOXA, Financial) is known for its diverse portfolio of news, sports and entertainment content. With a strong presence in the U.S. market, the legacy company continues to shape the media landscape through its flagship networks like Fox News, Fox Sports and Fox Broadcasting Company. The absence of major global events in the preceding fiscal year dented Fox's major source of revenue – ads. After a long-period of stagnant stock prices, it has seen a surge this year on the back of strong earnings per ...