Company: FOX
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001628280-25-024466
Chunk: 35

Company: Fox Corp
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 the three and nine months ended March 31, 2024:

 For the three months ended March 31,For the nine months ended March 31, 20252024Change% Change20252024Change% Change(in millions, except %)Better/(Worse)Better/(Worse)RevenuesCable Network Programming$1,636 $1,472 $164 11 %$5,398 $4,517 $881 20 %Television2,704 1,938 766 40 %7,618 6,260 1,358 22 %Corporate and Other58 53 5 9 %181 156 25 16 %Eliminations(27)(16)(11)(69)%(184)(45)(139)**Total revenues$4,371 $3,447 $924 27 %$13,013 $10,888 $2,125 20 %

 For the three months ended March 31,For the nine months ended March 31,20252024Change% Change20252024Change% Change(in millions, except %)Better/(Worse)Better/(Worse)Segment EBITDACable Network Programming$878 $819 $59 7 %$2,283 $1,990 $293 15 %Television60 145 (85)(59)%637 358 279 78 %Corporate and Other(82)(73)(9)(12)%(235)(238)3 1 %Adjusted EBITDA(a)$856 $891 $(35)(4)%$2,685 $2,110 $575 27 %**not meaningful(a)For a discussion of Adjusted EBITDA and a reconciliation of Net income to Adjusted EBITDA, see “Non-GAAP Financial Measures” below.

Cable Network Programming (41% of the Company’s revenues for the first nine months of fiscal 2025 and 2024)

 For the three months ended March 31,For the nine months ended March 31, 20252024Change% Change20252024Change% Change(in millions, except %)  Better/(Worse)Better/(Worse)RevenuesAffiliate fee$1,135 $1,104 $31 3 %$3,248 $3,140 $108 3 %