# Fox Corp

Summary updated: 2026-09-28T11:57:35.422577Z
Canonical: https://finbar.com/research/companies/fox

## Overview

Fox Corporation is a U.S.-focused media company that produces and distributes news, sports and entertainment programming. Its businesses include FOX News Media, FOX Sports, the FOX broadcast network, FOX Entertainment, the Tubi streaming service and owned local television stations. It earns revenue principally from advertising and fees paid by television distributors. Its two reportable segments are Cable Network Programming and Television. [1](https://app.finbar.com/go?id=P116367320)[2](https://app.finbar.com/go?id=P35854194)[3](https://app.finbar.com/go?id=P82675664)

FOX’s stated aim is to engage and inform audiences through its content, while its strategy emphasizes live news, live sports, entertainment and digital distribution. Its operations are primarily in the United States, although Tubi is available in select international regions. The company became publicly traded as a standalone business in 2019. For the fiscal year ended June 30, 2025, FOX reported $16.30 billion in revenue and approximately 10,400 full-time employees. [4](https://www.foxcorporation.com/)[2](https://app.finbar.com/go?id=P35854194)[5](https://app.finbar.com/go?id=P67395244)[6](https://app.finbar.com/go?id=P43954337)[7](https://www.sec.gov/Archives/edgar/data/1754301/000162828025037611/foxq42025earningsrelease.htm)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)
[1](https://app.finbar.com/go?id=P116367320)[2](https://app.finbar.com/go?id=P35854194)[3](https://app.finbar.com/go?id=P82675664)[5](https://app.finbar.com/go?id=P67395244)[6](https://app.finbar.com/go?id=P43954337)[4](https://www.foxcorporation.com/)[7](https://www.sec.gov/Archives/edgar/data/1754301/000162828025037611/foxq42025earningsrelease.htm)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)

## Products & services

Fox’s news products include FOX News Channel and the business-focused FOX Business Network. FOX News Media also offers FOX Nation, a subscription video-on-demand service with original programming; FOX Weather, a free, ad-supported streaming service with live and local weather coverage; and FOX News Audio, which produces news updates and podcasts. Its websites and apps provide live or on-demand programming, with some access authenticated through participating television distributors. [9](https://app.finbar.com/go?id=P51934238)[10](https://app.finbar.com/go?id=P109072174)

Its sports services include FS1, a national network carrying live events and studio shows; FS2, which carries sports including motorsports, college athletics and soccer; and FOX Deportes, a Spanish-language service with live events and sports programming. Big Ten Network carries conference sports and related programming, while B1G+ streams events not televised on the network, replays and original content. [11](https://app.finbar.com/go?id=P85510939)[12](https://app.finbar.com/go?id=P7107939)[13](https://app.finbar.com/go?id=P83076088)[14](https://app.finbar.com/go?id=P15818650)[15](https://app.finbar.com/go?id=P38144556)

Fox also distributes entertainment, news and sports through the FOX broadcast network and its owned television stations, which produce local news. Tubi is its free, ad-supported streaming service, combining on-demand films and television episodes with live streaming channels, including local news feeds. In fiscal 2025, Cable Network Programming generated $6.93 billion and Television generated $9.33 billion—approximately 43% and 57%, respectively, of the two segments’ combined revenue. Fox does not report revenue percentages for individual products such as Tubi or FS1. [16](https://app.finbar.com/go?id=P21494457)[17](https://app.finbar.com/go?id=P42470318)[5](https://app.finbar.com/go?id=P67395244)[18](https://app.finbar.com/go?id=P70425922)[19](https://app.finbar.com/go?id=T4092002)
[9](https://app.finbar.com/go?id=P51934238)[10](https://app.finbar.com/go?id=P109072174)[11](https://app.finbar.com/go?id=P85510939)[12](https://app.finbar.com/go?id=P7107939)[13](https://app.finbar.com/go?id=P83076088)[14](https://app.finbar.com/go?id=P15818650)[15](https://app.finbar.com/go?id=P38144556)[16](https://app.finbar.com/go?id=P21494457)[17](https://app.finbar.com/go?id=P42470318)[5](https://app.finbar.com/go?id=P67395244)[18](https://app.finbar.com/go?id=P70425922)[19](https://app.finbar.com/go?id=T4092002)

## Geographic presence

Fox Corporation’s operations are concentrated in the United States. Its principal executive offices are in New York City, and it owns the Fox Studio Lot in Los Angeles, a production property of more than 50 acres. The company describes its other owned and leased properties as primarily U.S.-based. [20](https://app.finbar.com/go?id=P97804778)[21](https://app.finbar.com/go?id=P49830139)[22](https://app.finbar.com/go?id=P91360036)

FOX Television Stations operates 29 full-power stations across 18 U.S. local markets. These include New York, Los Angeles, Chicago, Dallas, Philadelphia, Houston, Atlanta, Washington, D.C., San Francisco and Seattle–Tacoma, among others. Fox’s Tubi streaming service extends beyond the United States: the company describes it as available in select international regions, with separately announced availability in Canada, the United Kingdom, Australia and Mexico. Fox does not provide a geographic revenue breakdown in its annual filing. [17](https://app.finbar.com/go?id=P42470318)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)[5](https://app.finbar.com/go?id=P67395244)[23](https://corporate.tubitv.com/press/tubi-expands-offering-in-canada-launching-over-40-fast-channels-in-territory/)[24](https://corporate.tubitv.com/press/tubi-adds-over-a-thousand-movies-and-tv-episodes-to-growing-library-in-the-uk/)[25](https://corporate.tubitv.com/press/tubi-launches-largest-premium-ad-supported-video-on-demand-service-in-australia/)[26](https://corporate.tubitv.com/press/free-movie-and-tv-streaming-service-tubi-expands-global-footprint-with-launch-in-mexico/)
[20](https://app.finbar.com/go?id=P97804778)[21](https://app.finbar.com/go?id=P49830139)[22](https://app.finbar.com/go?id=P91360036)[17](https://app.finbar.com/go?id=P42470318)[5](https://app.finbar.com/go?id=P67395244)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)[23](https://corporate.tubitv.com/press/tubi-expands-offering-in-canada-launching-over-40-fast-channels-in-territory/)[24](https://corporate.tubitv.com/press/tubi-adds-over-a-thousand-movies-and-tv-episodes-to-growing-library-in-the-uk/)[25](https://corporate.tubitv.com/press/tubi-launches-largest-premium-ad-supported-video-on-demand-service-in-australia/)[26](https://corporate.tubitv.com/press/free-movie-and-tv-streaming-service-tubi-expands-global-footprint-with-launch-in-mexico/)

## Business segments

Fox Corporation reports two principal business segments. **Cable Network Programming** produces and licenses news, business-news and sports content through FOX News Media and cable sports networks including FS1, FS2, Big Ten Network and FOX Deportes. It generated approximately 42.5% of consolidated revenue in fiscal 2025. [2](https://app.finbar.com/go?id=P35854194)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)

**Television** includes the FOX broadcast network, FOX Television Stations, the Tubi streaming service and television production activities. It generated approximately 57.2% of consolidated revenue in fiscal 2025. **Corporate and Other**, which includes Credible and the FOX Studio Lot alongside corporate functions, contributed approximately 1.5%. These percentages are based on segment revenue before intersegment eliminations; eliminations reduced consolidated revenue by approximately 1.2%. [27](https://app.finbar.com/go?id=P93716635)[28](https://app.finbar.com/go?id=P84566705)[29](https://app.finbar.com/go?id=P54013522)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)
[2](https://app.finbar.com/go?id=P35854194)[27](https://app.finbar.com/go?id=P93716635)[28](https://app.finbar.com/go?id=P84566705)[29](https://app.finbar.com/go?id=P54013522)[30](https://app.finbar.com/go?id=T5625120)[30](https://app.finbar.com/go?id=T5625120)[30](https://app.finbar.com/go?id=T5625120)[30](https://app.finbar.com/go?id=T5625120)[30](https://app.finbar.com/go?id=T5625120)[8](https://www.sec.gov/Archives/edgar/data/1754301/000162828025038077/fox-20250630.htm)

## Company history

Fox Corporation’s roots lie in the television businesses built under Rupert Murdoch. After the purchase of Metromedia television stations in 1986, the Fox broadcast network debuted that October. Fox expanded into sports after securing NFL broadcast rights in 1993, with games beginning in 1994, and launched Fox News Channel in 1996. [31](https://www.latimes.com/archives/la-xpm-1986-03-07-fi-16464-story.html)[32](https://www.ebsco.com/research-starters/history/fox-television-network-goes-air)[33](https://www.washingtonpost.com/archive/politics/1993/12/18/fox-lands-contract-to-televise-the-nfl/7c20a84e-aa1b-4226-a0b4-fe724031cc17/)[34](https://www.foxnews.com/media/fox-news-channel-celebrates-25-years-on-the-air)

In 2013, the wider News Corporation business separated into 21st Century Fox and a new News Corporation. Fox Corporation became a standalone company in March 2019, when 21st Century Fox distributed its news, sports and broadcast businesses to shareholders before its merger with Disney. Fox acquired the streaming service Tubi in 2020. In 2023, Rupert Murdoch became chairman emeritus, while Lachlan Murdoch continued as Fox Corporation’s executive chair and CEO. [35](https://www.sec.gov/Archives/edgar/data/1308161/000119312513281456/d562317dex991.htm)[36](https://app.finbar.com/go?id=P174895509)[37](https://app.finbar.com/go?id=P174895248)[38](https://www.sec.gov/Archives/edgar/data/1754301/000119312523279912/d850625d8k.htm)
[36](https://app.finbar.com/go?id=P174895509)[37](https://app.finbar.com/go?id=P174895248)[31](https://www.latimes.com/archives/la-xpm-1986-03-07-fi-16464-story.html)[32](https://www.ebsco.com/research-starters/history/fox-television-network-goes-air)[33](https://www.washingtonpost.com/archive/politics/1993/12/18/fox-lands-contract-to-televise-the-nfl/7c20a84e-aa1b-4226-a0b4-fe724031cc17/)[34](https://www.foxnews.com/media/fox-news-channel-celebrates-25-years-on-the-air)[35](https://www.sec.gov/Archives/edgar/data/1308161/000119312513281456/d562317dex991.htm)[38](https://www.sec.gov/Archives/edgar/data/1754301/000119312523279912/d850625d8k.htm)

## Sources

1. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P116367320)
2. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P35854194)
3. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P82675664)
4. [www.foxcorporation.com](https://www.foxcorporation.com/)
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7. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1754301/000162828025037611/foxq42025earningsrelease.htm)
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9. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P51934238)
10. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P109072174)
11. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P85510939)
12. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P7107939)
13. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P83076088)
14. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P15818650)
15. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P38144556)
16. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P21494457)
17. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42470318)
18. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P70425922)
19. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T4092002)
20. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P97804778)
21. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P49830139)
22. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P91360036)
23. [corporate.tubitv.com](https://corporate.tubitv.com/press/tubi-expands-offering-in-canada-launching-over-40-fast-channels-in-territory/)
24. [corporate.tubitv.com](https://corporate.tubitv.com/press/tubi-adds-over-a-thousand-movies-and-tv-episodes-to-growing-library-in-the-uk/)
25. [corporate.tubitv.com](https://corporate.tubitv.com/press/tubi-launches-largest-premium-ad-supported-video-on-demand-service-in-australia/)
26. [corporate.tubitv.com](https://corporate.tubitv.com/press/free-movie-and-tv-streaming-service-tubi-expands-global-footprint-with-launch-in-mexico/)
27. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P93716635)
28. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P84566705)
29. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P54013522)
30. [Fox Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T5625120)
31. [www.latimes.com](https://www.latimes.com/archives/la-xpm-1986-03-07-fi-16464-story.html)
32. [www.ebsco.com](https://www.ebsco.com/research-starters/history/fox-television-network-goes-air)
33. [www.washingtonpost.com](https://www.washingtonpost.com/archive/politics/1993/12/18/fox-lands-contract-to-televise-the-nfl/7c20a84e-aa1b-4226-a0b4-fe724031cc17/)
34. [www.foxnews.com](https://www.foxnews.com/media/fox-news-channel-celebrates-25-years-on-the-air)
35. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1308161/000119312513281456/d562317dex991.htm)
36. [Fox Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P174895509)
37. [Fox Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P174895248)
38. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1754301/000119312523279912/d850625d8k.htm)

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