Skip to Content

Fox Corp Class B - Stock Quote FOX

Rating as of

Morningstar's Fox Corp Class B Stock Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Despite Recent Investments, Fox Remains a Bet on News and Sports

Neil Macker, CFA Senior Equity Analyst

Business Strategy and Outlook

| Neil Macker, CFA |

After completing the Disney transaction in March 2019, the Murdoch clan now oversees a much smaller media firm, albeit one that controls major media brands. Fox consists of the Fox network, 28 local TV stations, Fox News Group, and Fox Sports. The new firm represents a large bet on the viability of live sports and news, as we project that the cable networks, including Fox News and FS1, will generate the vast majority of operating income for Fox Corp. We believe these bets are well placed given our expectations for the evolution of the television industry, but Fox is now undiversified relative to other media firms.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics - FOX

Fox Corp Class B's Company Profile

Business Description

Fox represents the assets not sold to Disney by the predecessor firm, Twenty First Century Fox. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, and the Fox Studios lot. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.

Contact
1211 Avenue of the Americas
New York, NY, 10036
T +1 212 852-7000
Industry Entertainment
Most Recent Earnings Mar 31, 2022
Fiscal Year End Jun 30, 2022
Stock Type Classic Growth
Employees 9,000