Fox Corporation - Class B Shares FOX

Fox Corporation, incorporated on May 3, 2018, is a news, sports and entertainment company. The Company operates through three segments: Cable Network Programming, Television and Other, Corporate and Eliminations. The Cable Network Programming segment consists of the production and licensing of news and sports content distributed primarily through cable television systems, direct broadcast satellite operators, telecommunication companies and online video distributors, primarily in the United States. The Company’s Television segment consists of the acquisition, marketing and distribution of broadcast network programming nationally under the FOX brand. Its Other, Corporate and Eliminations segment includes FOX Studios lot, which provides television and film production services along with office space, studio operation services.

The Company through its Television and Other segments operates 28 broadcast television stations, including 11 duopolies, in the United States and out of these stations, 17 are affiliated with the FOX News, FOX Business, FOX Broadcasting Company (the FOX Network), nine are affiliated with MyNetworkTV, one is affiliated with both The CW Television Network and MyNetworkTV and one is an independent station. FOX Business includes FOX Sports, FOX Television Stations Group, and sports cable networks FS1, FS2, FOX Deportes and Big Ten Network.