SEC filing. These marked downgrades from $31.1 million and $27.7 million, from the year prior. Also revealed in the SEC filing Friday was that Lachlan signed a contract extension last year that will see him continue to lead Fox Corp.
through at least June 2026. Fox slightly missed Wall Street expectations in its fourth-quarter earnings report from August. Though revenue rose 5% from the prior year to $3.03 billion, net income did not improve as much as anticipated.
But overall, Fox Corps. — which includes the Fox broadcast network, Fox News, Fox Sports and Tubi — has fared far better than most media stocks with its share price falling just 1% in the last month.Read more on thewrap.com