By Dade Hayes
31.03.2020 - 16:01 / variety.com
Fox Corporation joined other media companies like Walt Disney and ViacomCBS Tuesday with an acknowledgement that the continuing coronavirus pandemic may have an effect on its financial operations.
“While the Company’s national news ratings remain strong, sports events for which the Company has broadcast rights have been cancelled or postponed and the production of certain entertainment content the Company acquires has been suspended,” Fox said in a filing with the U.S. Securities and Exchange
By Dade Hayes
Amid the novel coronavirus pandemic, Fox Corp. — the slimmed-down media firm that emerged from the $71.3 billion sale of 21st Century Fox assets to Disney — has been given a stable rating from S&P Global.
By Brian Steinberg
Rick May has sadly died from the COVID-19 coronavirus at age 79, multiple gaming sites are reporting.
By Denise Petski
Seth MacFarlane on Monday criticized Laura Ingraham over a tweet she sent concerning the novel coronavirus. The Fox News personality shared a Washington Post story about when the economy could reasonably reopen amid the coronavirus pandemic.
By Jill Goldsmith
By Brian Steinberg
By Jill Goldsmith
Guggenheim Securities analyst Michael Morris on Thursday upgraded his rating on Fox Corp.'s stock from "neutral" to "buy" and downgraded Walt Disney from "buy" to "neutral" in a report that updated his financial forecasts for entertainment industry companies "to better reflect the impact of COVID-19 behavioral changes on revenue drivers and additional diligence on key cost considerations." He highlighted that Fox's primary immediate risk was from advertising exposure, estimating that about 43
Fox Corp. and Comcast have come to terms on a new long-term carriage agreement.
Comcast and Fox Corp. have come to terms on a broad carriage agreement covering all of Fox’s cable channels, including Fox News, and its O&O local TV stations.
By Jill Goldsmith
Amy Listerman, chief financial officer at Fox News Media, will step down from her role, and will be replaced by Joe Dorrego, a Fox Corp. executive who will become both chief financial officer and chief operating officer at the company, which is the critical financial engine of its parent company.
Right about now, it might feel like you've been self-isolating for months in an effort to help slow the spread of COVID-19. But if it makes you feel any better, Harry Styles knows exactly what you're going through.
By Ted Johnson
Celebs in the UK shared heart-warming posts in celebration of Mother's Day, observed on the fourth Sunday in the season of Lent each year.
A second staffer at Fox Business Network has tested positive for coronavirus, according to a memo sent Saturday to employees by two top executives at Fox News Media.