FOXA 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.

Fox Factory Holding Corp has agreed to sell Wheelhouse Holdings to Squared Up Holdings for $379 million, a move that divests the asset to accelerate its concentration on suspension products. The transaction is expected to close in late 2026.

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.

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…