Fox Corporation (Class B)

Communication Services
$27.68
+0.27(0.99%) 1D
1D
1W
1M
1Y
3Y
5Y

Performance

Open PricePrev. CloseVolumeAvg. Volume
$27.63$27.411,525,1281,162,623

Fundamentals

Market CapNA
P/B RatioNA
P/E RatioNA
Enterprise ValueNA
Div. Yield1.90%
Book Value0.00
EPS(TTM)0.00
ROENA
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About the Company

Fox Corporation is the forerunner company of 21st Century Fox and is headquartered in Midtown Manhattan, New York City. It has a workforce of more than 7,700 employees across its different operations as of 2020. The is one of the leading names in the mass media industry, as well as the sports entertainment industry. Its four brands are Fox Entertainment, Fox TV Station, Fox News Media and Fox Sports. Apart from these, it also has three subsidiaries under it namely - Credible Labs, Fox Broadcasting Company and Tubi. Though Fox Corporation was incorporated in 2019, these brands used to work under its forerunner 21st Century Fox. Fox News, in particular, hold the status of best national cable news channel’s position for 17 years in a row as of 2020. The history of its formation dates back to 14th December 2017 when Walt Disney Company declared its ‘intent to acquire’ the cable entertainment, direct broadcast satellite and motion pictures divisions of 21st Century Fox. Whatever is left of the company was supposed to form a new corporation called “New Fox” and maintain its control over assets such as Fox News, its broadcast station and television network etc. After facing major legal difficulties for one year, Disney completed the sales in March 2019, and Fox Corporation officially entered the S&P 500 index replacing its forerunner 21st Century Fox. Fox trades under the ticker symbol “FOX”, with its class B shares in the NASDAQ stock exchange and is a NASDAQ 100 component. Within the span of 2019-2020, it has acquired 4.99 % stake in The Stars Group, a Canadian online gambling operator, Credible labs, Bento Box Entertainment and a streaming service called Tubi. Several prestigious platforms have recognised it over the years, with Fortune awarding it the 280th rank in its Fortune 500 list. Forbes included FOX in both its Global 2000 and World’s Most Valuable Company lists in 2020. The company was also a part of Forbes World’s Best Employers in 2019.;
OrganisationFox Corporation (Class B)
IndustryBroadcasting
HeadQuartersNew York, NY

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