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The Latest Breaking News from Fox Corporation

Murdoch Media Empire Succession Drama Plays Out In US Tribunal

A US tribunal began picking over the bitter spat between media magnate Rupert Murdoch and his children Monday in a case that could determine the fate of his empire, including the influential right-wing Fox News.

International Business Times

Are Wall Street Analysts Bullish on Fox Corporation Stock?

Despite Fox’s outperformance relative to the broader market in 2024, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Fox Corporation Stock Outlook: Is Wall Street Bullish or Bearish?

Fox Corporation has surpassed the broader market this year, yet analysts express cautious optimism regarding the stock’s prospects.

Barchart

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Are the lives of Rupert Murdoch and Succession’s Logan Roy inching closer?

A secret legal battle between the media mogul and his children is evoking parallels with his TV counterpart

The Guardian - UK

Meet Rupert Murdoch’s nepo babies fighting for control of dad’s multibillion-dollar media empire

The patriarch of Fox and News Corp. appears to have chosen a favorite.

Fortune

Earnings Preview: What to Expect From Fox Corporation's Report

As Fox Corporation prepares to release its fourth-quarter earnings next month, analysts are projecting a single-digit decline in its earnings.

Barchart

Fox Taps FreeWheel for Dynamic Ad Insertion in its College Football Coverage

FreeWheel will programmatically enable Tubi and the entire One Fox portfolio by serving as the company’s primary monetization engine

TV Tech

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Hope Hicks Confirms Role In White House And Fox Corporation

Hope Hicks testifies about her White House tenure and transition to Fox Corporation, shedding light on administration dynamics and communication challenges.

Top News

Sinclair Renews All Fox Affiliations

The deal with Fox covers affiliation renewals in 41 markets serving approximately 19 million TV households

TV Tech

Fox Corporation Opens Up Public Access to Its Verify Content Verification System

Using Verify, media companies can register content and grant usage rights to AI platforms; consumers can verify the origin of a piece of content

TV Tech

Zelensky thanks world’s media for fostering support for Ukraine

He met Fox Corporation chief executive Lachlan Murdoch, Fox News correspondent Benjamin Hall and The Sun journalist Jerome Starkey in Kyiv.

The Independent UK

Can Lachlan Murdoch rein in scandal-hit Fox as 2024 election looms?

With cable news in a death spiral, Fox Corp facing potentially crippling lawsuits, and dad Rupert Murdoch stepping back, Lachlan will have a full inbox of challenges in his new role as head of the family empire, Bevan Hurley reports

The Independent UK

Job for Australian ex-PM fuels fears over direction of Murdoch media empire under son Lachlan

Dismay as mogul’s successor nominates Tony Abbott, a climate change sceptic, to board of Fox Corporation

The Guardian - UK

Coming soon to Fox? Tony Abbott, the Australian former PM who said climate crisis was ‘absolute crap’

Rupert Murdoch hailed him as a ‘conviction politician’ but in Australia he is well known for accusations of misogyny and climate scepticism

The Guardian - AU

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AAP

Tony Abbott nominated to Fox Corp board of directors

Tony Abbott has been nominated to sit on Fox Corporation's board of directors, a day after media mogul Rupert Murdoch's retirement plans were unveiled.

Fortune

As Rupert Murdoch retires, a look into succession drama that roiled his family and inspired HBO hit

Like Logan Roy in the HBO drama "Succession," Murdoch encouraged his children to compete to be his successor.

The Independent UK

CNN host gives scathing obituary of Rupert Murdoch’s career and the ‘mess left behind’

Abby Phillip slammed Mr Murdoch’s legacy at Fox News, accusing him of enabling the creation of ‘outrage porn’ and ‘partisan red meat’

The Guardian - AU

News Corp newspapers full of praise for Rupert Murdoch as he takes up ‘new role’

Murdoch-owned titles in US, UK and Australia stopped short of saying retirement, but left readers in no doubt about their boss’s immense talent

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The Conversation

Why is Rupert Murdoch stepping aside now and what does it mean for the company?

At age 92, media mogul Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp but will stay on in the role of chairman emeritus, presumably to help guide his eldest son Lachlan as the new head of the firm.

France 24

End of an era? Rupert Murdoch steps down as chair of News Corp, Fox Corp

Seventy years after inheriting the Australian newspaper that he used as a foundation to build a global empire, media mogul Rupert Murdoch says his son Lachlan will replace him as chair of Fox Corporation and News Corp. However, Murdoch senior has signalled he will still be very present in decision-making…

The Independent UK

NYC pension funds and state of Oregon sue Fox over 2020 election coverage

New York City’s pension funds and the state of Oregon are suing Fox Corporation over Fox News' 2020 election coverage

The Independent UK

New York City and Oregon pension funds sue Fox over false election claims

State and city officials accuse the media giant of neglecting its fiduciary duties to shareholders by promoting false election claims that exposed the company to crushing defamation lawsuits

The Guardian - AU

Afternoon Update: Ita Buttrose to step down as ABC chair; Mark Latham quits One Nation; and Lachlan Murdoch pays $1.3m

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here, and start your day with our Morning Mail newsletter.

The Guardian - AU

Lachlan Murdoch pays Crikey $1.3m in legal costs over dropped defamation suit

Fox Media chief executive pays costs on condition that almost $600,000 in crowdfunding raised by Crikey will be donated to press freedom group

The Guardian - US

How Fox uses the World Cup and Masked Singer to keep Fox News on air

The company leverages hit shows to hike the price it charges cable companies to carry its channels

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