FFOX is a media and entertainment company that creates and distributes news, sports, and entertainment content across brands such as FOX News Media, FOX Sports, FOX Entertainment, and FOX Television Stations. It monetizes content mainly through advertising on its networks and through affiliate fees from distributors, plus licensing revenue. The product set includes television networks, cable channels, and owned-and-operated stations delivering live and on-demand content, with a focus on live events like news and sports. Its goal is to deliver broad, popular programming to a U.S.-focused audience while maintaining a diversified revenue model across Cable Network Programming, Television, and related segments.
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10,001+
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Headquarters
New York City, New York
Founded
1986
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FOX LATAM builds Mexico City facility into roaring production hub for Latin America and FOX Deportes. 03/11/2026 In under two years, a seven-person startup has grown to more than 270 staffers, multiple production studios, 8,500+ hours of annual programming output When FOX Corp. launched a company in Mexico in January 2025, it had seven employees, a handful of sports properties, and no facility to call home. Less than two years later, FOX LATAM runs two studios in Mexico City, with a third due in January. It employs more than 270 people there, is on pace to produce more than 8,500 hours of programming this year, and has taken over production of all FOX Deportes programming for the U.S. Hispanic market. This has been an incredible change and an incredible challenge, says Luis Rodrigo Gomez, VP, production and digital, FOX LATAM. We didn't have much to work with, but FOX believed in the project and was fully behind it. We are very happy and thankful to FOX Corp. for deciding to expand internationally through us. From Startup to Superstar in About 20 Months The operation's roots go back to the FOX business - which included Gomez and his team - that was sold to Disney in 2019. After several fits and starts over the ensuing years to reestablish its footprint in Mexico, FOX Corp. decided to create a brand-new company in Mexico. Gomez credits the strategy to his boss, FOX LATAM EVP/GM Carlos Mart nez, who carried through on his vision despite various false starts. Part of the lineup of studio shows produced by FOX LATAM in Mexico City, FOX 365 offers sports news and analysis. (Photos: FOX LATAM)The new company's initial properties were Concacaf, the Premier League, motorsports, and Liga MX men's and women's competition, which were produced through third-party production companies for the first five months. The turning point came with the acquisition of Caliente TV, the network launched by sportsbook Caliente. The deal gave FOX LATAM a production facility, albeit a modest one with a single studio and control room. FOX funded a full remodel and a new studio and brought in a third-party production partner located just outside the facility. Then, in April of this year, FOX LATAM acquired the programming and local production of Tigo Sports Channel in Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama. Soccer debate show Cuadro Titular features mostly former players.Since the launch, FOX LATAM's programming output has skyrocketed from about 3,000 hours in its first year to 5,000 after the Caliente acquisition and is set to hit 8,500 hours this year. We are now working in six countries across Central America in addition to our work in Mexico, says Gomez. This has grown beyond anything I could have imagined just a few years ago. It has been quite a journey. Not surprisingly, FOX LATAM's rights portfolio is anchored by soccer, with a lineup including Liga MX and Liga MX Femenil, the Concacaf Champions Cup, the UEFA Champions League, the Premier League, Bundesliga, Ligue 1, the Saudi Pro League, Coppa Italia, and MLS. It also includes top women's leagues in England, France, and Italy; Copa do Brasil; and the top divisions in Argentina and Colombia, plus domestic leagues in Panama, Costa Rica, and Guatemala. Beyond soccer, FOX LATAM carries the NFL, the UFL, and Big Ten football; MLB, LMB, and LMP baseball; NASCAR, NASCAR Mexico, IndyCar, WRC, WEC, and MXGP; PFL; and boxing. FOX Deportes' U.S. Production Moves to Mexico City With the capacity to produce 10 events simultaneously from its Mexico facilities, FOX LATAM recently took over all production for FOX Deportes in the U.S. Mother Soccer is a sportainment show. When [FOX Corp.] saw how much we were spending for that many hours and compared it with what was being done at the time at FOX Deportes in L.A., it just made sense, Gomez says. They decided to bring everything to Mexico, which was exciting, but we had to do it in a very short period of time. Although the timeline was a major challenge, cultural differences proved to be the bigger hurdle for the production team. I'm Mexican, he notes. I know a lot of Mexicans in the U.S., and the culture is totally different. We needed to understand that, combine our cultures, and create something that suits both the Mexican market and the U.S. Hispanic market. FOX LATAM produces Spanish-language MLB shows in Mexico City.In addition to Spanish-language studio programming and game broadcasts for FOX Deportes, FOX LATAM also produces English-language broadcasts of the soccer matches for FOX Sports and LatiNation in the U.S. Inside the Studios: FOX Sports' Model, LATAM Style The newest studio in Mexico City, modeled after FOX Sports' studios in Los Angeles, was designed to support live sports programming, studio shows, and other broadcast productions. Gomez spent several weeks in L.A. working with FOX Sports EVP/Creative Director Gary Hartley; SVP, Graphic Technology and Integration, Zac Fields; and SVP, Field Operations and Engineering, Kevin Callahan to get firsthand experience on sets combining large-format LED visuals with integrated video, audio, graphics, routing, communications, and lighting systems. The newest studio covers 200 sq. m (about 2,150 sq. ft.) and is anchored by a 97-sq.-m (about 1,040-sq.-ft.) LED display. The display features a 1.8-mm pixel pitch and nearly 26.6 million pixels and, according to Gomez, is the largest LED screen in Latin America. Each studio is equipped with four Sony HDC-3500 cameras, and routing is handled by an EVS Neuron router. It's very FOX [in terms of] style and technology, he notes, but it's also unique. We wanted to re-create what [L.A. has], but we also had the chance to put our thought and creativity into doing it our own way. Thanks to a 360-degree design, the new studio already hosts four studio shows and all of FOX LATAM's NFL programming. With the magic of tel
Fox Corporation reported adjusted earnings of $2.54 per share for the first quarter of fiscal 2027, up 68.2% from a year earlier and above the $1.99 analysts expected. Revenue rose 22.3% to $4.57 billion, beating the $4.23 billion estimate. World Cup broadcasts and higher political advertising drove the gains. Advertising revenue rose 47.4%, helped by growth at streaming service Tubi. Television revenue climbed 32.3% to $2.71 billion, while cable network revenue grew 8.5% to $1.80 billion. Adjusted EBITDA increased 54.1% to $1.64 billion. GAAP net income rose 57.1% to $957 million. Operating activities generated $616 million in cash, against a $130 million outflow a year earlier. Chief executive officer Lachlan Murdoch cited record first-quarter revenue and adjusted EBITDA.
Fox doesn't want to talk about Roku, but it's got lots to say about Tubi and politics. Monday, November 2nd, 2026 - 11:09 am Any investor hoping to ask about Fox's pending Roku acquisition during its fiscal Q1 2027 earnings call on Monday was out of luck. Fox's IR rep made that clear up front and pointed analysts to Fox's SEC filings instead. However, CEO Lachlan Murdoch did share a mini update, including that shareholder and foreign regulatory approvals are in, although Fox is still working with the DOJ on antitrust clearance. "[We] expect to close the transaction as soon as we can," Murdoch told investors, noting that Fox's "conviction in the opportunity has only grown." Pairing Roku's platform with Fox's sports, news and entertainment content is a good recipe for building "our position in the fastest-growing segments of the media landscape," he said. Fox's revenue rose 22% to $4.6 billion in the quarter, including a 47% jump in advertising revenue (60% in its TV segment) driven by the World Cup, early midterm spending and Tubi, its free ad-supported streaming service. Tubi is a tailwind. Tubi grew revenue 35% year over year, alongside a 23% uptick in total view time. Fox attributed that engagement to a combo of Tubi's content library, 10 new originals and a World Cup hub, which drew on Fox's US English-language rights to the tournament. Tubi also got a boost from viral content from more than 600 creators. Its Tubi for Creators program launched in 2025 with six creators and has since wooed big YouTube names like MrBeast and Jomboy Media. And profits are growing, too, despite higher content costs, according to CFO Steve Tomsic, who noted that Tubi is contributing more to the bottom line than it was in the year-ago quarter when it turned its first profit - a development Murdoch himself apparently didn't see coming. A Bank of America analyst on the call reminded Murdoch that a year or so ago he'd said that Tubi's growth, then in the midteens, wouldn't be sustainable. "I don't remember saying that, but I'm sure I did... Thank you for calling me out on that one," Murdoch said, adding that Tubi's profit margins should settle in the 20% range once it reaches "further maturity." Advertising is the main engine behind Tubi's momentum, which Murdoch said is continuing into the current quarter. Tubi's audience is young, diverse and mostly cord-free, he said, which is like catnip for advertisers. "They're a very hard market for advertisers to reach," he said, which, in a midterm year, is a pretty good pitch to political campaigns. That midterm money. Fox booked more than $350 million in political ads this cycle, and Tubi was responsible for roughly $50 million of that. Most of the rest - $250 million-plus - went to Fox's local stations, including many in battleground states, where demand is so high that some stations run out of ad inventory. The remaining $50-ish million went to political ads across national sports, news and entertainment. But if you squint, and not that hard, Tubi also kind of counts as local advertising in Murdoch's view. "It's effectively local revenue because it's targeted," he said. Politics aside, sports has been a tailwind, too. The FIFA World Cup final was the most-watched soccer telecast in US history; the World Series, which aired on Fox, averaged 12 million viewers; and Fox's NFL "America's Game of the Week" is drawing an average of nearly 25 million viewers per game. But Murdoch was also careful to temper expectations for Fox One, Fox's streaming service for Fox content. Yes, subscriber acquisitions were up more than 30% in September on Fox One versus the start of last year's football season, and roughly 97% of new subscribers don't have a cable subscription. But "is Fox One always going to be able to supplant some of the subscriber losses in the traditional ecosystem?" Murdoch said. "Probably not, as sports seasons come and go." It's not like there's a World Cup every year - or a midterm election. "It's always a point in time," Murdoch said. "Every couple years, you've got to be careful to understand the strength of the political cycle." Fox News, fatigued. And not everything at Fox was a win this past quarter, no matter how you spin it. Fox News finished its fiscal Q1 as the most-watched cable news network, with 2.1 million primetime viewers and 1.3 million across all dayparts. But those figures were down 17% and 16% year over year, according to Nielsen, and Fox News was the only major cable news network to see declines. The slide has continued into October, when total-day ratings fell 27% ahead of the midterms. Murdoch blamed tough comps against last year's "tremendous news cycle," which included the inauguration, Charlie Kirk's assassination and DOGE-related drama. He compared this cycle to the 2006 midterms, when a second-term president was halfway through his term. It's not that viewers are defecting to CNN or MS Now, he said. They're "just fatigued and watching slightly less television overall." (Even so, Nielsen does show CNN and MS Now both up from last year.) Meanwhile, cable advertising rose 8%, helped along by sports, but digital news ad revenue fell. Asked about that - Adexchanger mourn you preemptively, open web - Murdoch pointed to Fox News Digital's standing as the top news site in the US and called digital news a "hyper-competitive market." Tagged in:
FOX: World Cup and election advertising lifted revenue 22%; net income rose 57%. Revenue rose 22% and net income 57% YoY, led by World Cup and political advertising. Television Segment EBITDA climbed to $934M; the Roku deal gained stockholder approval but awaits antitrust clearance. Original document: Fox Corporation [FOX] SEC 10-Q Quarterly Report - Nov. 2 2026 Disclaimer This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. (C) AI-generated summary is provided by Quartr
Fox: fiscal Q1 earnings snapshot. * STATS Perform dba Automated Insights * 1 hr ago NEW YORK (AP) - NEW YORK (AP) - Fox Corp. (FOXA) on Monday reported fiscal first-quarter earnings of $943 million. The New York-based company said it had net income of $2.20 per share. Earnings, adjusted for one-time gains and costs, came to $2.54 per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share. The TV broadcasting company posted revenue of $4.57 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $4.23 billion.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1986
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs