Overview

• Fox Corp. plans to leverage its strong balance sheet for mergers and acquisitions in the coming years.
• The company's strategy will prioritize live content in news and sports, avoiding entertainment pivots.
• Venu, Fox’s upcoming sports streaming service, is designed for cord-cutters and will not resemble traditional cable packages.
• An expedited court hearing is scheduled for the injunction delaying Venu's launch.
• Fox will exercise its option to acquire an 18.6% stake in sports betting platform FanDuel by 2030.