Overview
- Fox reported adjusted earnings of $1.51 per share on $3.74 billion in revenue, beating consensus estimates of about $1.06 EPS and $3.58 billion in revenue.
- Net income fell to $609 million from $832 million a year earlier due to higher digital marketing, content costs and entertainment-programming rights amortization.
- The company announced a $1.5 billion accelerated share repurchase set to begin on October 31, 2025.
- CEO Lachlan Murdoch said Tubi reached quarterly profitability and early Fox One uptake exceeded expectations as the new subscription service rolled out.
- A recent family trust settlement designated Lachlan Murdoch as principal heir, with siblings James, Elisabeth and Prudence each receiving about $1.1 billion.