Fox Corporation reported record yearly sales and operating results, with fourth-quarter growth in ads and distribution. The World Cup helped ads, but Tubi's growth and broad ad strength support continued business growth.
Growth across advertising, distribution, and Tubi suggests Fox is getting support from several parts of its business. The World Cup lifted advertising, but that boost may fade after the tournament. Tubi's rising sales and viewing, plus stronger ad demand across Fox, help balance that risk.
Fox said its purchase of Roku is pending, but this report gives no deal price or terms. It does not say what Roku holders would receive or how the deal would change Roku's business.
Follow Fox Corporation (FOXA) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for FOXA