FOX news

Fox Corporation reported record first-quarter revenue of $4.57 billion, driven by FIFA World Cup broadcasting and growth across advertising and distribution sectors.

Adam Ciongoli's employment with Fox Corp terminates on Nov. 30, 2026, under a transition and separation agreement.

Fox Corporation reported Q4 FY2026 revenue of $4.21 billion and net income of $696 million, returning to positive growth momentum and achieving record levels of both revenue and adjusted EBITDA. The company was bolstered by strong performance across its linear and streaming segments.

Roku has entered into a definitive merger agreement with Fox Corporation, with the deal structured through two merger subsidiaries. The transaction represents a significant consolidation in the streaming media sector.

Fox Corporation agreed to acquire Roku for $160 per share, creating a scaled media and technology platform combining Fox's live content with Roku's streaming platform reaching over 100 million households. The transaction positions the combined company as the third-largest U.S. television player whil…