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BusinessQuiet 11d · day 12

Fox Corp posts record Q1 profit on World Cup ad boom as Fox News ratings slide

Fox Corporation's fiscal Q1 2027 earnings show record revenue and EBITDA driven by World Cup and political advertising, even as Fox News loses viewers.

newest coverage 10d agosummary written 11d ago11 pieces NewswiresMastodonGoogle News

What to know

  • Fox Corp's fiscal Q1 2027 profit nearly doubled year-over-year to $957 million on record revenue of $4.57 billion, driven by World Cup and political advertising.
  • Advertising revenue rose 47% company-wide and adjusted EBITDA climbed 54% to $1.64 billion for the quarter ended Sept. 30.
  • Fox News lost 27% of total-day viewers compared with a year earlier, with CEO Lachlan Murdoch attributing the decline to audience fatigue rather than defections to CNN or MS NOW.
  • Tubi continued strong growth, with revenue up 35% and view time up 23%, partly offsetting softer digital news advertising at Fox News.

“These record results coupled with the strong momentum we are continuing to see across our business gives us confidence in delivering value for shareholders in a thoughtful and disciplined manner.”

Lachlan Murdoch, Fox Corporation CEO · The Wrap ↗ · Nov 1

Lachlan MurdochLachlan Murdoch Fox Corporation CEOFox News Cable news division of Fox CorpTubi Fox's streaming platform

How it unfolded 3 developments, newest first · click a bar or a number to jump articlesposts

Peak 5 pieces in 3h at Nov 2, 7 AM; 11 pieces over 12 days (6 articles · 5 posts) Nov 2, 7 AM — 5 pieces · 4 articles · 1 post — Newswires 3, Mastodon 1, Google News 1Nov 2, 10 AM — 1 piece · 1 post — Mastodon 1Nov 2, 1 PM — 3 pieces · 2 articles · 1 post — Newswires 2, Mastodon 1Nov 2, 4 PM — 1 piece · 1 post — Mastodon 1Nov 2, 7 PM — quietNov 2, 10 PM — 1 piece · 1 post — Mastodon 1Nov 3, 1 AM — quietNov 3, 4 AM — quietNov 3, 7 AM — quietNov 3, 10 AM — quietNov 3, 1 PM — quietNov 3, 4 PM — quietNov 3, 7 PM — quietNov 3, 10 PM — quietNov 4, 1 AM — quietNov 4, 4 AM — quietNov 4, 7 AM — quietNov 4, 10 AM — quietNov 4, 1 PM — quietNov 4, 4 PM — quietNov 4, 7 PM — quietNov 4, 10 PM — quietNov 5, 1 AM — quietNov 5, 4 AM — quietNov 5, 7 AM — quietNov 5, 10 AM — quietNov 5, 1 PM — quietNov 5, 4 PM — quietNov 5, 7 PM — quietNov 5, 10 PM — quietNov 6, 1 AM — quietNov 6, 4 AM — quietNov 6, 7 AM — quietNov 6, 10 AM — quietNov 6, 1 PM — quietNov 6, 4 PM — quietNov 6, 7 PM — quietNov 6, 10 PM — quietNov 7, 1 AM — quietNov 7, 4 AM — quietNov 7, 7 AM — quietNov 7, 10 AM — quietNov 7, 1 PM — quietNov 7, 4 PM — quietNov 7, 7 PM — quietNov 7, 10 PM — quietNov 8, 1 AM — quietNov 8, 4 AM — quietNov 8, 7 AM — quietNov 8, 10 AM — quietNov 8, 1 PM — quietNov 8, 4 PM — quietNov 8, 7 PM — quietNov 8, 10 PM — quietNov 9, 1 AM — quietNov 9, 4 AM — quietNov 9, 7 AM — quietNov 9, 10 AM — quietNov 9, 1 PM — quietNov 9, 4 PM — quietNov 9, 7 PM — quietNov 9, 10 PM — quietNov 10, 1 AM — quietNov 10, 4 AM — quietNov 10, 7 AM — quietNov 10, 10 AM — quietNov 10, 1 PM — quietNov 10, 4 PM — quietNov 10, 7 PM — quietNov 10, 10 PM — quietNov 11, 1 AM — quietNov 11, 4 AM — quietNov 11, 7 AM — quietNov 11, 10 AM — quietNov 11, 1 PM — quietNov 11, 4 PM — quietNov 11, 7 PM — quietNov 11, 10 PM — quietYesterday, 1 AM — quietYesterday, 4 AM — quietYesterday, 7 AM — quietYesterday, 10 AM — quietYesterday, 1 PM — quietYesterday, 4 PM — quietYesterday, 7 PM — quietYesterday, 10 PM — quietToday, 1 AM — quietToday, 4 AM — quietToday, 7 AM — quietToday, 10 AM — quietToday, 1 PM — quietToday, 4 PM — quietToday, 7 PM — quiet 1–3
Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 9:21 PM ET
  1. 3

    Adjusted EBITDA rises 54% to $1.64 billion

    Quartz reported that advertising revenue climbed 47% and adjusted EBITDA increased 54% to $1.64 billion for the quarter ended Sept. 30.

    1. 3 outlets Fox posted first-quarter record revenue as World Cup and political ads fueled a 22% jump

      first by Quartz, 11d ago · also IMDb, The Wrap

      1 more headline
    • rawchili@channels.im

      Fox revenue climbs 22 percent on World Cup, advertising during fiscal Q1 2027 https://www. rawchili.com/5140677/ # FIFAWorldCup2026 # WorldCup # WorldCup2026

      rawchili@channels.imMastodon11d agoview on Mastodon ↗
    1 more of the top 2 · 2 posts in this stretch
    • rawchili@channels.im

      FOX ad revenue gains 47% to $2.08bn on World Cup and midterm ads https://www. rawchili.com/5141101/ # FIFAWorldCup2026 # WorldCup # WorldCup2026

      rawchili@channels.imMastodon10d agoview on Mastodon ↗
    all of them →
  2. 2

    Tubi revenue grows 35% on World Cup and library viewing

    Fox's streaming service Tubi saw revenue grow 35% year-over-year and total view time increase by 23%, driven by library content and World Cup-related viewership.

    “Fox has had an outstanding start to fiscal 2027 with first-quarter records for revenue and Adjusted EBITDA underpinned by robust growth in both advertising and distribution revenue.”
    — Lachlan Murdoch, Fox Corporation CEO · source
  3. background

    Murdoch downplays Fox News' 27% viewer decline — Asked about Fox News losing 27% of total-day viewers year-over-year while CNN and MS NOW gained, Murdoch said the drop reflects general viewer fatigue rather than audiences switching to rival channels, comparing it to the 2006 midterms under George W. Bush.

  4. background

    Advertising revenue jumps 47% on World Cup and political spending — Fox's Television segment revenue rose 32% to $2.71 billion, with segment advertising revenue up 60% due to World Cup coverage, midterm political ads, and digital growth from Tubi; Cable Network Programming revenue rose 8% to $1.8 billion.

  5. 1

    Fox Corporation reports record fiscal Q1 2027 earnings

    Fox posted a quarterly profit of $957 million ($2.20/share), up from $609 million ($1.32/share) a year earlier, on revenue of $4.57 billion, a 22% year-over-year increase.

    1. 1 outlet Fox Profit Rises as World Cup Boosts Ad Sales

      first by WSJ US Business, 11d ago

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