The Latest Breaking News from Lachlan Murdoch

Tom Brady's mega-deal with Fox Sports shows just how much TV networks are willing to pay to stay competitive in the broadcasting booth.

Fox Corporation (NASDAQ:FOX) reported third-quarter FY22 revenue growth of 7% year-on-year to $3.46 billion, beating the consensus by $70 million. Affiliate revenues increased 5% Y/Y to $1.8 billion with 3% growth in the Cable Network Programming segment and 8% growth in the Television segment.  Advertising revenues increased 9% Y/Y to $1.3 billion, primarily…

Tom Brady will swap the football field for the Fox Sports television studio when he retires from the NFL

On a call with investors, Fox CEO Lachlan Murdoch announced that Tom Brady will join Fox Sports upon his retirement.

Biden said media mogul was ‘even more toxic’ than Fox News, authors said

The new ACCC chair says she will target retailers who try and take advantage of floods, war and the pandemic to price gouge consumers. Gina Cass-Gottlieb has also played down her recent close professional relationship with the Murdoch family.

Fox Corp (NASDAQ:FOX) reported second-quarter FY22 revenue growth of 9% year-on-year to $4.44 billion, beating the consensus of $4.26 billion. Affiliate revenues increased 11% Y/Y to $1.69 billion with 12% growth at the Cable Network Programming segment and 10% growth at the Television segment.  Advertising revenues increased 6% Y/Y to $2.41 billion, primarily…