Tag: Lachlan Murdoch

Fox Corporation reported a 5% year-over-year revenue increase in Q1 FY2026, driven by strong advertising performance from Tubi and the NFL’s return. Tubi reached profitability for the first time and saw 27% revenue growth, with viewing up 18%. Fox also…

Fox Corporation will launch Fox One on August 21 at a $19.99 per month price point, offering live access to its full portfolio of news, sports, and entertainment channels. The service will not feature original programming and will be made…

Fox Corporation is exploring bundling its upcoming streaming service, Fox One, with Disney+, Hulu, and Max, or in a separate package with Max and the forthcoming ESPN Ultimate. These discussions aim to replicate the value of the now-defunct Venu Sports…

ESPN has ended talks to license Fox Sports content for its upcoming direct-to-consumer streaming app launching this fall. The move follows the collapse of the Venu Sports venture and Fox’s plan to launch its own streaming platform by late 2025,…

Skip says Fox's decision to launch a direct-to-consumer streaming service is driven more by necessity than innovation. CEO Lachlan Murdoch emphasized that the service won’t include exclusive content or new rights costs, instead bundling existing sports, news, and network programming.…

Fox Corp reported an 11% revenue increase to $3.56 billion in its fiscal Q1, driven by strong performance in sports coverage, notably from UEFA Euros and Copa América tournaments under its “Summer of Soccer” initiative. Net income more than doubled…

Fox CEO Lachlan Murdoch signaled the company's intent to pursue mergers and acquisitions, leveraging its strong balance sheet. Fox will continue investing in live content like news and sports, as well as in Tubi, but plans to acquire 18% of…

Fox Corporation reported mixed Q4 results with revenue at $3.09 billion, slightly below expectations, and net income dropping to $320 million. Adjusted EPS exceeded estimates at 90 cents. Growth in affiliate fees was offset by flat advertising revenues. CEO Lachlan…