Local Ad Trends Positive For Fox Corp.
“Fox owns the fall,” declared Fox Corp. Executive Chairman-CEO Lachlan Murdoch after the company reported results for its fiscal first quarter, led by growth in the television unit.
Did Fox Just Officially Break the Bundle with ‘Sports on Tubi’ Announcement?
Fox went all in on Tubi, the AVOD service, committing to the launch of 10 live-streamed sports channels. The new, free-to-consumer “Sports on Tubi” platform will involve Fox’s biggest sports licensing deals, including the NFL, Major League Baseball and NASCAR, as well as some of its biggest linear network brands, notably Fox Sports.
Fox Expands Measurement Relationship with Comscore
Fox has extended and expanded its relationship with Comscore. The deal comes as networks and distributors have criticized Nielsen for under-counting viewing during the pandemic.
TV Ad Growth Powers Fox Corp.
Fox Corp.’s TV segment (Fox Network, O&O stations and Tubi streaming) led the company’s growth in the fiscal fourth quarter, ended June 30. Revenues were up 30% to $1.45 billion, with ad revenues shooting up 51% from the pandemic-impacted previous year to $668 million.