Company: FOX
Filing Date: 2025-09-08
Form Type: 424B7
Source: 0001193125-25-198368
Chunk: 5

Company: Fox Corp
Filing Date: 2025-09-08
Form: 424B7
Chunk 5
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 this prospectus supplement, the accompanying prospectus and the documents incorporated by reference herein and therein include forward-looking information that involves risks and uncertainties. See “Special Note Regarding Forward-Looking Statements.” Our Company FOX is a news, sports and entertainment company, which manages and reports its businesses in four operating segments: Cable Network Programming, Television, Credible and the FOX Studio Lot with the following two reportable segments:

| • |     | Cable Network Programming, which produces and licenses news and sports content distributed through                                                                                                                         
 traditional cable television systems, direct broadcast satellite operators and telecommunication companies (“traditional MVPDs”), virtual multi-channel video programming distributors (“virtual MVPDs”) and other digital 
 platforms, primarily in the U.S.                                                                                                                                                                                           |

| • |     | Television, which produces, acquires, markets and distributes programming through the FOX broadcast                                                                                                                                                    
 network, advertising-supported video-on-demand (“AVOD”) service Tubi, 29 full power broadcast television stations, including 11 duopolies, and other digital                                                                                           
 platforms, primarily in the U.S. Eighteen of the broadcast television stations are affiliated with the FOX Network and 11 are affiliated with MyNetworkTV. The segment also includes various production companies that produce content for the Company 
 and third parties.                                                                                                                                                                                                                                     |

The Credible and the FOX Studio Lot operating segments do not meet the criteria under GAAP to be separately reported as a reportable segment or aggregated with other operating segments, and as such are presented as part of Corporate and Other, which is not a reportable segment. Corporate and Other principally consists of Credible, the FOX Studio Lot and corporate overhead costs. Credible is a U.S. consumer finance marketplace. The FOX Studio Lot, located in Los Angeles, California, provides television and film production services along with office space, studio operation services and includes all operations of the facility. We use the term “MVPDs” to refer collectively to traditional MVPDs and virtual MVPDs. Recent Developments Transactions On September 8, 2025, the trustee and beneficiaries of the Murdoch Family Trust (the “MFT”) informed us that they have reached a mutual resolution of the legal proceedings in Nevada related to the MFT, resulting in the termination of all litigation. Following this resolution and the transactions described below, Prudence MacLeod, Elisabeth Murdoch and James Murdoch (collectively, the “Departing Members”) will cease to have any interest in the shares of Class A common stock, par value $0.01, of