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Fox Corporation Reports 20% Revenue Surge, New Streaming Service Ahead

2/5/2025

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Summary

Story summary

Fox Corporation celebrated a remarkable second quarter in 2025, boasting a 20% revenue jump to $5.08 billion, fueled by a surge in political ads and sports viewership. Net income skyrocketed to $388 million, a significant leap from last year's $115 million. CEO Lachlan Murdoch unveiled exciting plans for a new streaming service set to launch by year-end.

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Story summary

Fox Corporation celebrated a remarkable second quarter in 2025, boasting a 20% revenue jump to $5.08 billion, fueled by a surge in political ads and sports viewership. Net income skyrocketed to $388 million, a significant leap from last year's $115 million. CEO Lachlan Murdoch unveiled exciting plans for a new streaming service set to launch by year-end.