Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads

Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads hakkında magazin dünyasında yaşanan en son ayrıntılar ve sıcak gelişmeler netleşti. Nov 2, 2026 5:12am PT Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads By Brian Steinberg Plus Icon Brian Steinberg Senior TV Editor bristei Latest Skydance Sports Chief Gives Top Roles to Jeff Gerttula, Craig Barry 4 days ago NewsNation Plans Fast-Paced Election Night Focused on Hot Data, Not Hot Air 4 days ago Paula Reid Has Arrived at MS NOW 4 days ago See All Add us as a Google Preferred Source Comments Fox Corporation said profit in its fiscal first quarter was bolstered by advertising revenue tied to its multi-week telecast of the FIFA World Cup as well as increases in political ads and in the number of subscribers to its TV networks — dynamics that many traditional media corporations are hard-pressed to duplicate in the streaming era.

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The owner of Fox News Channel, the Fox broadcast network and the Tubi streaming service said revenue totaled $4.57 billion, an increase of 22% of $833 million, buoyed by a 9% increase in fees from carriers of its programming and a 47% hike in advertising tied largely to the World Cup telecasts. Related Stories From Heartthrob to Daddy: Josh Hartnett on the Joy of Playing Fathers, Why ‘Below’ Had a Perfect Ending and Why It Was ‘Refreshing’ to Not Have a Love Story Inside ‘The New Stanford Prison Experiment,’ Netflix’s Controversial Reality Series: ‘People Are Going to Have Very Strong Feelings’ (EXCLUSIVE) Net income attributable to Fox shareholders came to $943 million , or $2.20 per share, compared with $599 million, or $1.32 per share in the year-earlier period.

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“We commenced the year with the stellar performance of the FIFA Men’s World Cup, the kickoff of the college football and NFL seasons, and an active election cycle at the national and local levels. These events supported strong contributions from across the company, reflecting the focused strategy we are executing and the strength of our content and brands,” said Lachlan Murdoch , Fox’s CEO, said in a statement.

“These record results coupled with the strong momentum we are continuing to see across our business gives us confidence in delivering value for shareholders in a thoughtful and disciplined manner.” More to come… Jump to Comments More from Variety Palestinian-Jordanian Filmmaker Darin J. Sallam on the Backlash to ‘Farha’: ‘I Never Regretted It’ Japanese Drifter’s Road Trip to Korea Drives Uchiyama Takuya’s ‘The Blue Breaks’ at Tokyo Gap-Financing Market Disney and the NFL Launch Limited-Edition Mickey & Friends Merch Ahead of Super Bowl LXI Korea Box Office: Anime Hit ‘Chiikawa’ Retains Lead as Brad Pitt Thriller ‘Heart of the Beast’ Debuts From ‘The Devil Wears Prada’ to ‘The Invite,’ Costume Designers Shatter the Myth Behind Dressing Contemporary Characters: ‘It’s Very Difficult’ Oscar-Nominated Director James Longley Talks His Afghanistan Documentary ‘Mohabat’ and Why His Next Film Will Center on the Rohingya Genocide (EXCLUSIVE) JavaScript is required to load the comments.

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