Fox Corp. Q3 Revenue Boost

Fox Corp. reported a 22% quarterly revenue increase to $4.57 billion.

Political Ad Spend Records

Fox Corp. recorded $350 million in political advertising during the midterm cycle, a record for this election.

Fox News Ratings Concerns

Lachlan Murdoch acknowledged Fox News faces viewer fatigue and declining ratings compared to previous years.

Fox One Subscriber Growth

Fox One gained 30% new subscribers in September, with 97% of users having no cable subscriptions.

Key Quote from Murdoch

Murdoch stated Fox News leads Americans in election coverage, with national and local perspectives.

“As you would expect, audiences have turned to Fox for our comprehensive coverage of this election cycle, with national coverage led by the Fox News team while our broadcast stations provide essential local perspective, particularly in many battleground states. Heading into tomorrow’s vote, more Americans have relied on Fox News than any other news network for coverage of the key issues and news this cycle”