Fox Growth Led By Broadcast TV And Sports

[Y2kTheNewOldies]

https://tvnewscheck.com/business/article/fox-growth-led-by-broadcast-tv-and-sports/

Fox Inc cites revenues from Fox Sports and Fox Television stations according to the release.

The company reported total quarterly revenues of $4.61 billion, a 4% increase from the $4.44 billion reported in the prior year quarter. Affiliate fee revenues increased 1% led by 6% growth at the television segment. Advertising revenues increased 4%, primarily reflecting the impact of the FIFA Men’s World Cup and strong NFL results at Fox Sports, higher political advertising revenues at the Fox Television Stations and continued growth at Tubi.

Jack Messmer

With the fiscal second quarter for Fox Corp. ending Dec. 31, 2022, company Executive Chairman-CEO Lachlan Murdoch told Wall Street analysts Wednesday morning that Fox Corp. had delivered record ratings and revenues for the first half of its fiscal year.

 

[nomadcowatbk]

how much longer do they have until the Fox News viewers start dying off? (the viewers of the other cable news channels aren't much younger either)

 

[CTListener]

how much longer do they have until the Fox News viewers start dying off? (the viewers of the other cable news channels aren't much younger either)

You've answered your own question. Just as young people aren't the only liberals, old people aren't the only conservatives. And it's been observed for a long time that more young liberals start leaning conservative as they grow older than the other way around. So a right-wing news channel will always have viewers, and if there are still advertisers who will spend to reach those viewers, Fox News will continue to turn a profit.

 

[AbrahamJSimpson]

The question is, will the percentages hold as they have in the past? Not that history doesn’t matter, but it can’t always be reliable to predict the future, especially regarding media consumption.

 

[TVCOOL]

Does Fox count WWE Friday Night SmackDown as part of their growth?

 

[CTListener]

Does Fox count WWE Friday Night SmackDown as part of their growth?

Media, business, life itself: It's all just one big no-holds-barred cage match in the TVCOOL Universe.

 

[Don CT]

You've answered your own question. Just as young people aren't the only liberals, old people aren't the only conservatives. And it's been observed for a long time that more young liberals start leaning conservative as they grow older than the other way around. So a right-wing news channel will always have viewers, and if there are still advertisers who will spend to reach those viewers, Fox News will continue to turn a profit.

Depends if Fox keeps pushing conspiracy theories. The younger crowd won’t put up with that. They might age out of cable news in general in 30 years.