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“Faith guided my hands ,” Indianapolis truck driver Perry Tole makes shocking revelation after stabbing former NFL star Mark Sanchez
The Economic Times· 2025-10-10 03:50
Core Points - The incident involved former NFL quarterback Mark Sanchez, who was charged with felony battery after a violent altercation in downtown Indianapolis [3] - The altercation resulted in Sanchez being hospitalized with multiple stab wounds, and he has pleaded not guilty to the charges [3] - Perry Tole, the alleged victim, has filed a civil lawsuit against Sanchez and Fox Corporation, claiming damages for permanent disfigurement, loss of function, and emotional distress [2] Incident Details - The altercation occurred when Sanchez, reportedly under the influence of alcohol, approached Tole's truck and entered the vehicle without permission, leading to a confrontation [3] - Tole used pepper spray in self-defense and subsequently stabbed Sanchez two to three times in the chest, fearing for his life [1][3] - Tole's friend described him as a gentle person who had never been involved in a fight before, highlighting the seriousness of the situation [3] Legal Proceedings - Sanchez faces felony battery charges resulting in serious bodily injury, along with misdemeanor counts of public intoxication and unlawful entry of a motor vehicle [1][3] - Tole's civil lawsuit alleges that the altercation caused him significant emotional and physical damages [2]
United States Antimony Corporation CEO to be Featured on Fox Business
Accessnewswire· 2025-10-07 20:05
Core Points - United States Antimony Corporation (USAC) announced that its Chairman and CEO, Mr. Gary C. Evans, will be featured live on Fox Business on the Mornings with Maria Bartiromo show [1] Company Information - The appearance is scheduled for approximately 7:30 am Eastern Time on Wednesday, October 8, 2025 [1]
FOX or ROKU: Which Is the Better Value Stock Right Now?
ZACKS· 2025-10-07 16:41
Core Insights - The comparison between Fox Corporation (FOX) and Roku (ROKU) indicates that FOX presents a better value opportunity for investors at this time [1] Valuation Metrics - FOX has a Zacks Rank of 2 (Buy), while ROKU has a Zacks Rank of 3 (Hold), suggesting that FOX has a more favorable earnings estimate revision trend [3] - FOX's forward P/E ratio is 13.69, significantly lower than ROKU's forward P/E of 896.07, indicating that FOX is more attractively priced [5] - FOX has a PEG ratio of 1.35 compared to ROKU's PEG ratio of 14.68, further supporting FOX's valuation advantage [5] - FOX's P/B ratio is 2.04, while ROKU's P/B ratio is 5.96, highlighting FOX's superior market value relative to its book value [6] - Based on these metrics, FOX holds a Value grade of A, whereas ROKU has a Value grade of D, reinforcing the conclusion that FOX is the superior investment option [6][7]
A culture of leniency. Exposing wrongdoing or protecting wrongdoers?
Michael West· 2025-10-07 07:53
Core Viewpoint - The article critiques the leniency of corporate regulators in Australia, particularly the Australian Securities and Investment Commission (ASIC) and the National Anti-Corruption Commission (NACC), in holding executives accountable for misconduct, highlighting a culture that protects corporate offenders while failing to address significant financial and ethical violations [1][7][12]. Summary by Sections ASIC and ANZ Bank - ASIC imposed a penalty of $240 million on ANZ Bank for market manipulation and unconscionable conduct over two years, but there is concern over the lack of accountability for individual offenders [2][3]. - ANZ's chair claimed no financial loss to the Commonwealth from the contraventions, which was contradicted by ASIC's chair, who indicated a loss of approximately $26 million [4]. - The difficulty in attributing fault to specific individuals within large organizations like ANZ was noted, despite repeated contraventions following the Banking Royal Commission [5]. Executive Accountability - Executives involved in misconduct are often rewarded with substantial bonuses, raising questions about the effectiveness of accountability measures [6]. - ASIC's chair emphasized a cultural reluctance in Australia to impose severe penalties on individuals, contrasting the treatment of corporate offenders with that of common criminals [7][8]. Robodebt Scandal - The NACC decided not to pursue six senior officials linked to the Robodebt scandal, which involved illegal debt collection practices affecting nearly half a million Australians, resulting in a court-awarded $1.8 billion in repayments [11][14]. - Despite the severity of the scandal and its impact on citizens, no individuals have been held accountable for their roles in the unlawful scheme [15]. Broader Implications - The article draws parallels between the leniency shown to corporate executives in Australia and similar situations in other countries, where high-ranking officials often escape accountability for serious misconduct [16][20]. - Historical examples, such as the ACCC's efforts to penalize executives for cartel behavior, illustrate the challenges faced by regulators in enforcing accountability [19].
Formula One podcaster Audioboom revs up talks about sale
Sky News· 2025-10-03 12:44
Core Viewpoint - Audioboom Group, a London-listed media company known for producing Formula One's official podcast series, is exploring a potential sale following interest from buyers [1][2]. Company Overview - Audioboom has a market capitalization of nearly £100 million, experiencing a 157% increase in valuation over the past year [2]. - The company produces popular podcasts, including F1: Beyond the Grid and F1 Nation, with a total of 135 million downloads each month from over 40 million listeners globally [3]. Potential Buyers - Media analysts have identified potential bidders such as Fox Corporation and iHeartMedia, although it remains unclear if formal discussions are underway [2]. - Any acquisition offer would likely need to exceed the current share price to gain approval from Audioboom's board [2]. Distribution and Growth Strategy - Audioboom's content is available on platforms like Apple Podcasts, YouTube, and Spotify [4]. - The company has appointed Craig Eastwood to lead international expansion, which is deemed crucial for its long-term growth strategy [4]. Previous Sale Attempts - This is not the first time Audioboom has considered a sale; in 2020, it engaged with The Raine Group for potential buyers but ultimately halted the process [5]. Current Market Activity - As of the latest trading session, Audioboom shares were priced at 547.5p, reflecting a 1.4% increase for the day [5].
Mark Cuban Reacts To The Idea Of The Ellison And Murdoch Families Controlling TikTok's Algorithm. He Warns New Cooks Might Destroy The Soup
Yahoo Finance· 2025-09-30 19:31
Core Viewpoint - Mark Cuban expresses skepticism about the potential transfer of TikTok's U.S. operations to a group of American business leaders, warning that mishandling could jeopardize the platform's success [1][3][5] Group 1: Ownership and Control - The proposed plan involves transferring control of TikTok's American assets from China's ByteDance to U.S. investors, with ByteDance retaining less than 20% [3] - Cuban highlights the lack of an open auction process for the acquisition, raising concerns about transparency and competition in selecting buyers [2][6] Group 2: Algorithm and User Engagement - Cuban emphasizes that TikTok's unique algorithm is its key differentiator, stating that control over the algorithm equates to control over public perception [5][6] - The success of TikTok is contingent not only on ownership but also on protecting its algorithm, maintaining user engagement, and preserving its creative culture [7] Group 3: Risks of New Leadership - Cuban warns that introducing new leadership could disrupt TikTok's existing dynamics, comparing it to "new cooks" potentially ruining a well-prepared soup [4][5] - He expresses doubt that the new management team, despite their credentials, will guarantee TikTok's continued success, especially given the platform's appeal to a discerning youth audience [5][6]
Fox Corporation (FOX): A Bull Case Theory
Yahoo Finance· 2025-09-30 14:36
Core Thesis - Fox Corporation is experiencing a bullish outlook primarily driven by the growth of its ad-supported streaming service, Tubi, which is gaining traction in the FAST market [1][5]. Tubi's Performance - Tubi's viewership share reached 2.2% in September 2025, marking a 22% increase from 1.8% in August 2024, indicating a new upward trend in viewership [2]. - The service has shown consistent engagement and market-leading performance, positioning Fox favorably against competitors like HBO Max, Paramount+, and Peacock [3][4]. Strategic Importance - Tubi's growth highlights Fox's effective ad-supported streaming strategy, capturing a significant audience segment in a competitive landscape [3]. - The combination of rising viewership and advertising revenue potential underscores Tubi's strategic importance to Fox, suggesting continued incremental value as the FAST sector expands [4]. Competitive Differentiation - Tubi represents a key competitive differentiator for Fox Corporation, showcasing underrecognized success within the broader streaming ecosystem [4].
Fox Corp Is A Television And Media Empire On The Cheap
Forbes· 2025-09-30 14:35
Core Insights - The article highlights Fox Corp (FOXA) as a strong investment opportunity due to its market leadership in cable broadcasting, particularly in live sports and news, which attract significant advertising revenue [3][8][12]. Business Segments - Fox operates two main segments: cable network programming and television, with cable network programming revenue projected to grow from $5.0 billion in fiscal 2018 to $6.9 billion in fiscal 2025, reflecting a 5% annual growth rate [4][5]. - The television segment, which includes the FOX broadcast network and Tubi, is expected to see revenue increase from $5.1 billion in fiscal 2018 to $9.3 billion in fiscal 2025, representing a 9% annual growth rate [6]. Market Position - Fox is the largest cable TV broadcaster in the U.S., with FOX News being the top-rated national cable news channel for over 20 years [9][11]. - In July 2025, FOX News averaged 2.4 million viewers in primetime, capturing 63% of the cable news share [17]. Live Sports and Events - Live sports events remain crucial for advertisers, with FOX holding rights to major events like the Super Bowl and FIFA World Cup, which attract massive viewership [12][13][14]. - The Super Bowl LVII in February 2023 had an estimated 113 million viewers, while Super Bowl LIX in February 2025 set a record with 128 million viewers [13]. Digital Distribution - Fox is expanding its digital offerings, including Tubi, which has 100 million monthly active users and a 2.2% market share of all television viewing [21]. - The recently launched FOX One service aims to attract "cordless" consumers by providing access to live events and entertainment without undercutting existing cable subscribers [22]. Financial Performance - Since fiscal 2020, Fox has achieved a 6% annual growth in revenue and a 5% growth in net operating profit after tax (NOPAT) [24]. - The company's NOPAT margin slightly decreased from 16% in 2020 to 15% in 2025, while its return on invested capital (ROIC) improved from 17% to 19% [25]. Shareholder Returns - Fox has returned $1.8 billion in dividends and repurchased $6.6 billion in shares since fiscal 2020, with a new authorization for an additional $5 billion in share repurchases [28][30]. - The combined yield from dividends and share repurchases could reach 4.7% [30]. Balance Sheet Strength - Fox reduced its total debt from $8.5 billion in fiscal 2020 to $7.6 billion in fiscal 2025, while increasing cash and equivalents from $4.6 billion to $5.4 billion [36]. - The adjusted debt net of cash fell from $3.5 billion to $1.4 billion over the same period, indicating a strong financial position [36]. Market Valuation - At a current price of $59/share, the market implies a permanent decline of 20% in NOPAT, which may be overly pessimistic given Fox's historical growth rates [41]. - If NOPAT grows at a modest rate of 1% annually, the stock could see a 39% upside to $82/share [43].
默多克家族的“继承之战”有大结局了
3 6 Ke· 2025-09-29 03:13
Core Points - The Murdoch family has reached a settlement worth approximately $3.3 billion, establishing Lachlan Murdoch as the sole successor of the media empire, ensuring the continuation of Rupert Murdoch's conservative editorial direction and further concentrating assets and voting rights [1][2][3] Group 1: Settlement Details - Lachlan Murdoch will exclusively control the voting rights of the family trust until 2050 [3] - The three siblings—Prudence, Elisabeth, and James—will each receive approximately $1.1 billion, totaling around $3.3 billion, in exchange for relinquishing their voting rights over the family trust [3][4] - The family trust controls key assets including Fox News, The Wall Street Journal, and The Times, among others, which span across the US, UK, and Australia [3][4] Group 2: Implications of the Settlement - The concentration of power in Lachlan's hands means the family media group's conservative editorial stance will continue [3][8] - The settlement is viewed as a "success but costly" for Rupert Murdoch, as it allows Lachlan to operate without constraints from his siblings [3][8] - The settlement also clarifies the boundaries of control and benefits, with the older siblings exiting voting rights for cash, while Lachlan's daughters, Grace and Chloe, remain within the family holding structure without cash buyouts [4][6] Group 3: Historical Context - The family trust was established in 1999 to secure voting rights for the four older children, leading to a long-standing power struggle [15][17] - The court's December 2024 ruling against modifying the irrevocable family trust forced the parties back to the negotiation table, culminating in the settlement in September 2025 [7][10][17] Group 4: Governance Insights - The settlement reflects a shift from "shared governance" to a "single central authority," reinforcing Lachlan's management rights [8][10] - The role of the trustee, Cruden Financial Services, has been emphasized as crucial in managing the governance pressures and executing the settlement [8][10] Group 5: Family Office Developments - Following the resolution of the inheritance dispute, Prudence Murdoch's family office, Macdoch UK, appointed a new Chief Investment Officer, Olivia Macdonald, signaling a new phase in asset governance and long-term allocation [19][21] - Macdoch UK operates with a dual-center structure in London and Sydney, focusing on balancing long-term returns with liquidity [22][24]
Trump’s billionaire backers will now ‘actually control’ Tiktok’s algorithm, JD Vance says
Fortune· 2025-09-25 22:19
Core Points - An executive order was signed by President Trump to facilitate a deal for TikTok to be operated by American entities, with significant involvement from billionaire allies [1][2] - The ownership structure is still being finalized, with Oracle and its co-founder Larry Ellison expected to play a major role in managing TikTok, as they have already stored much of its U.S. data [2][3] - Rupert Murdoch and Michael Dell are also involved in the deal, with Murdoch's stake potentially allowing access to younger audiences [3][4] - The agreement is said to give Americans control over TikTok's algorithm, which influences the content seen by over 170 million U.S. users, with a valuation of TikTok's U.S. assets pegged at $14 billion [5][6] - The deal is linked to Trump's broader trade agenda, with implications for national security and political discourse in the U.S. [6][7] - The upcoming APEC Summit in South Korea is expected to provide a platform for further discussions between Trump and Xi regarding the deal [7] Company Involvement - Oracle is positioned to manage TikTok due to its existing infrastructure for U.S. data storage [2] - Rupert Murdoch's involvement may help diversify his media empire's reach into digital platforms [4] - Michael Dell's participation indicates a strong interest from tech industry leaders in the deal [3] Industry Implications - The control over TikTok's algorithm raises questions about content moderation and political influence in social media [5][6] - The deal reflects a growing trend of U.S. companies seeking to gain control over foreign-owned tech platforms amid national security concerns [6][7] - The potential for TikTok to be operated by American entities could reshape the competitive landscape of social media in the U.S. [5][6]