Business | Nexstar, Sinclair Spend Millions Lobbying to Rewrite TV Station Ownership Rules
Broadcast giants Nexstar and Sinclair are significantly increasing their lobbying efforts and spending millions to influence federal regulators to loosen national TV market ownership limits. This push, particularly by Nexstar in anticipation of a $6.2 billion merger with Tegna, could reshape local television by allowing companies to control a larger share of the national audience, leveraging a regulatory loophole known as the UHF discount. The debate over who holds the authority to change the 39 percent ownership cap—Congress or the FCC—is central to these companies' expansion plans and has become increasingly politicized, with differing views from legislators, industry groups, and even former President Trump.
News Corp updates on $1 billion stock repurchase program
News Corp provided an update on its $1 billion stock repurchase program, with shares currently trading near their 52-week low and identified as undervalued by InvestingPro. The company is well-positioned to execute the program, maintaining liquid assets and a strong current ratio. This update follows adjustments to its stock price targets by Guggenheim and an improved outlook from Moody's Ratings due to debt reduction efforts.
Fox Taps Disney Veteran Aragón To Refresh Advertising And Investor Story
Fox Corporation has appointed Lucas P. Aragón, formerly of Disney, as Senior Vice President, Creative at FOX Advertising, aiming to refresh its advertising and investor narrative. This strategic hire is expected to bolster creative branding and client-facing campaigns, crucial for Fox's ad-driven business model, especially given recent declines in its stock price and lower net income. Investors are advised to watch how this leadership move impacts advertising revenue, client retention, and overall brand interest, as Fox looks to maintain advertising demand amidst evolving traditional TV usage.
Lucas Aragón Joins Fox Advertising As Investors Watch Valuation Gap
Fox (NasdaqGS:FOXA) has appointed Lucas P. Aragón as Senior Vice President, Creative at FOX Advertising, leading creative vision and brand strategy. His appointment is significant for investors, as leadership changes in core functions influence Fox's content positioning and advertising revenue, especially as the company focuses on digital platforms. Investors should monitor how Fox's advertising campaigns and partnerships develop under Aragón's leadership, given concerns about the company's valuation gap, weak short-term momentum, and P/E ratio compared to the industry average.
Netflix and Amazon are among the most oversold stocks on Wall Street
Several major stocks, including Netflix and Amazon, are now considered technically oversold after a market sell-off driven by fears of AI disruption. An oversold stock has a 14-day relative strength index (RSI) below 30, suggesting it could rebound in the near term. Analysts view the declines in some media stocks like Fox as potentially overdone, while DoorDash, also highly oversold, received a reiterated buy rating from Bank of America.
Is Fox (FOXA) Prioritizing Shareholder Payouts Over Profitability And Creative Investment?
Fox Corporation (FOXA) recently reported Q2 2025 revenues that slightly exceeded expectations, but net income and earnings per share declined. Despite softer earnings, Fox continues significant capital returns to shareholders through dividends and extensive share repurchases, while also investing in creative leadership. The article examines the implications of these financial decisions on Fox's investment narrative, especially concerning its ability to sustain capital returns amidst rising content costs and fluctuating profitability.
12 Communication Services Stocks Moving In Thursday's After-Market Session
This article lists several Communication Services stocks that experienced significant movement in Thursday's after-market trading session. It highlights gainers such as Roku, NFT, and ZW Data Action Tech, and losers including Blue Hat Interactive, GameSquare Holdings, and Direct Digital Holdings, noting their respective stock changes and market capitalizations.
Power Play: Honda, Chevrolet Commit to New INDYCAR Engine in 2028
Honda and Chevrolet have committed to supplying engines for INDYCAR through at least the 2028 season, including the development of a new 2.4-liter twin-turbocharged V6 engine with hybrid technology. Both manufacturers will also be granted one charter each to field a factory-backed team starting in 2028, ensuring vital competition and stability for the series. This commitment reinforces the growth of INDYCAR and allows for further technology transfer from racing to road vehicles.
Sydney Sweeney rings stock exchange opening bell alongside American Eagle CEO
Actress Sydney Sweeney rang the opening bell at the New York Stock Exchange (NYSE) with American Eagle Outfitters CEO Jay Schottenstein. This event follows her viral 2025 advertising campaign with American Eagle, which featured the slogan "Sydney Sweeney Has Great Jeans" and generated significant online attention and discussion. Sweeney wore a denim outfit to the NYSE, nodding to the campaign that previously drew some criticism but also sparked sales for the brand.
Citigroup Maintains Buy Rating on NWSA, Lowers Price Target to $39.00
Citigroup has maintained its Buy rating for News Corp (NWSA) but lowered its 12-month price target from $40.00 to $39.00, a 2.50% decrease. This adjustment reflects Citigroup's ongoing review of the media landscape, with analyst Jason Bazinet indicating continued confidence in the company despite the revised target. Other analysts have also adjusted their price targets for NWSA, with the average target price from 8 analysts being $34.73, suggesting a potential upside of 56.27% from its current price.
Sell-off Warning on News Corp and VeriSign
News Corp (NWS) and VeriSign (VRSN) recently experienced significant stock drops, prompting a sell-off warning. News Corp is addressing concerns about AI's impact on its content by creating proprietary content that AI can access only through payment. VeriSign, despite a premium valuation and dividend increase, is looking to reposition itself as a cybersecurity play by leveraging its DNS and security technology.
Fox Hires Disney Veteran As Creative Lead While Shares Trade Below Targets
Fox Corporation has appointed Lucas P. Aragón, a veteran from Disney, ABC, and OWN, as Senior Vice President, Creative, to lead the company's advertising vision. This strategic move highlights Fox's focus on enhancing content and ad product presentation amidst intense competition for viewer attention and ad dollars. Meanwhile, Fox's shares are trading below analyst targets and Simply Wall St's estimated fair value, despite the potential positive impact of this new hire on brand positioning and advertiser demand.
Trump praises Nexstar-Tegna broadcast television deal he once opposed
Former President Donald Trump has endorsed Nexstar Media Group's $6.2 billion acquisition of Tegna, despite having criticized the deal in November. Trump stated that the deal would help increase competition against "Fake News National TV Networks." The acquisition, which requires regulatory approval, would merge two significant local broadcast media companies.
Trump praises Nexstar-Tegna broadcast television deal he once opposed
Former President Donald Trump has endorsed Nexstar Media Group's $6.2 billion acquisition of Tegna, reversing his earlier criticism of the deal. Trump stated that increasing competition among broadcasters would help combat "Fake News" from national TV networks. This acquisition, which combines two major local broadcast media companies, is pending regulatory approval and aligns with the Trump administration's deregulatory policies.
NewsGuard Sues FTC, Claims Omnicom/IPG Condition Unconstitutional 02/09/2026
NewsGuard has filed a lawsuit against the Federal Trade Commission (FTC), alleging that the FTC violated the First Amendment by prohibiting Omnicom from contracting with news ratings services as a condition of its merger with Interpublic Group. NewsGuard claims the FTC is using its power to censor speech due to disagreement with NewsGuard's journalistic judgments. The company also challenges a separate FTC demand for extensive NewsGuard documents, asserting that FTC Chairman Andrew Ferguson is pursuing a campaign to attack and punish NewsGuard based on a perceived bias against conservative publications.
Fox FOXA Margin Compression Challenges Long Term Bullish Earnings Narrative After Q2 2026 Results
Fox (FOXA) reported Q2 2026 revenue of US$5.2 billion and basic EPS of US$0.53, showing revenue growth but a significant drop in net profit margin from 14.4% to 11.4%. This margin compression challenges the company's long-term bullish earnings narrative, as trailing twelve-month EPS has also declined despite a slight increase in revenue. The stock's P/E ratio of 14.8x is higher than its peer average, but a discounted cash flow analysis suggests it might be undervalued by about 13%.
FOX Stock Slips As Ad Dollar Growth Sees Sequential Slowdown
Fox Corporation's Class A shares experienced a 3.6% decline following the release of fiscal Q2 2026 financial results, which showed a sequential slowdown in ad revenue growth. Despite strong cable ad dollars and growth from Tubi and MLB post-season games, overall television revenue slipped. The company has declared a dividend of $0.28 per Class A and Class B share.
Earnings call transcript: Fox Corp Q2 2026 beats forecasts, shares dip
Fox Corporation (NASDAQ:FOX) reported strong second-quarter fiscal year 2026 earnings, with EPS of $0.82 significantly beating the forecast of $0.49, and total revenue of $5.18 billion slightly exceeding expectations. Despite the positive results, the company's stock experienced a slight dip of 3.22% after the announcement. Key drivers included growth in advertising revenue, the successful launch of streaming platform FOX One, and continued strong performance from Tubi, sports content, and Fox News.
Fox Corporation Q2 2026 Earnings Highlights
Fox Corporation delivered strong Q2 2026 results, driven by record advertising revenue from major sports events and impressive growth in its Tubi streaming service, which achieved EBITDA profitability for the second consecutive quarter. Total revenues increased by 2% year-over-year to $5.18 billion, and the company reported significant early user growth for FOX One, projecting millions of subscribers in the coming years. Despite a slight dip in adjusted EBITDA, Fox maintained strong financial stability and demonstrated effective cost management, reinforcing its leadership in the media industry.
Fox Corporation beats Q2 expectations as revenue grows 2% YoY
Fox Corporation (NASDAQ:FOXA) exceeded analyst expectations in its fiscal second quarter of 2026, reporting adjusted earnings per share of $0.82 against an estimate of $0.49 and revenue of $5.18 billion, a 2% year-over-year increase. The company's revenue growth was driven by a 4% increase in distribution revenues, particularly strong performance in its Cable Network Programming segment, and a 1% rise in advertising revenues. Despite a decrease in net income and Adjusted EBITDA compared to the prior year, Fox declared a dividend and repurchased a significant amount of its Class A and Class B common stock.
What Fox (FOXA)'s World Cup 2026 Plan and NFL Surge Mean For Shareholders
Fox Corporation (FOXA) is leveraging major live sports events, including the recently unveiled FIFA World Cup 2026™ broadcast schedule and strong NFL playoff viewership, to bolster its investment narrative. The company's strategy revolves around premium live sports content as a key driver for both traditional TV and streaming, supporting cash generation despite modest overall growth expectations. While the NFL ratings boost from Winter Storm Fern is likely a one-off, it underscores the value of Fox's sports rights, making content inflation and potential earnings softness important considerations for shareholders.
News Corp Activates US$1 Billion Share Repurchase Focused on Nasdaq-Listed Stock
News Corp has initiated a share repurchase program of up to US$1 billion, targeting its Nasdaq-listed Class A and B common stock. This program focuses solely on reducing the volume of its U.S.-listed equity, explicitly excluding ASX-listed CHESS Depositary Interests. The latest analyst rating for News Corporation (AU:NWS) is a Hold with a price target of A$47.00.
Is News Corp (Class A) Quietly Setting Up Its Next Big Move?
News Corp’s Class A stock performance has been steady, outperforming many legacy media companies, driven by a strategic shift towards digital subscriptions, data, and real estate assets. Despite its calm trading range, the company is re-wiring its business model, with Dow Jones and digital real estate assets becoming key drivers. Analysts maintain a constructive outlook, focusing on the company's ability to create value through digital transformation rather than traditional media.
Is News Corp (Class A) Quietly Setting Up Its Next Big Move?
News Corp’s Class A stock (NWSA) has shown stable performance over the past year, with a 23% gain, largely due to digital subscription growth and strategic shifts toward digital real estate and data. Analysts maintain a "Buy" or "Overweight" rating, anticipating further upside as the company continues to pivot away from traditional media formats to focus on its digital assets like Dow Jones and REA Group. The current quiet trading range is seen as a consolidation phase before a potential significant move, driven by structural shifts to digital subscriptions and data platforms.
How Tubi’s Rising U.S. Streaming Share Will Impact Fox (FOXA) Investors
Fox's ad-supported streaming service, Tubi, has significantly increased its U.S. streaming viewership share, climbing to seventh place. This growth strengthens Fox's position in the digital distribution and advertising space, aligning with its pivot from traditional media. Investors should consider Tubi's rising importance as a swing factor, alongside concerns about slowing earnings growth and varying fair value estimates for FOXA stock.
Tegna The Owner of ABC, CBS, FOX, & NBC Stations is Shutting Down Its Online Ad Platform & Merging It Into Its Ad Sales Team
Tegna, a major broadcast media company, is integrating its advertising platform Premion into its core operations, dissolving Premion as a standalone entity. This strategic move aims to streamline advertising services and eliminate redundancies, although it will result in numerous job eliminations across various departments within Premion. Tegna is providing severance packages, health insurance, and career development support for the affected employees as it pivots to enhance its overall advertising ecosystem and strengthen its competitive edge in the evolving media landscape.
Nexstar stations to livestream debate between Democratic Party noms for U.S. Senator from Texas
Nexstar Media Group announced that its 14 Texas-based local television stations will livestream the first debate between U.S. Representative Jasmine Crockett and Texas State Representative James Talarico, the leading Democratic candidates for U.S. Senate. The debate, moderated by Daniel Marin and Gromer Jeffers, will take place on Saturday, January 24th, at 2 p.m. CT in Georgetown, Texas, covering key issues important to Texas voters. This initiative provides an early opportunity for voters to hear from the candidates on issues such as immigration, crime, taxes, and the federal budget.
Fox Corp. (Class A): How a Legacy Media Stock Is Rebuilding Its Flagship for the Streaming Era
Fox Corp. (Class A) is strategically focusing on live sports, news, and ad-driven entertainment, primarily in the U.S., setting it apart from rivals that chase global subscriber counts or debt-heavy streaming empires. The company leverages its strong positions in Fox Sports and Fox News as profit centers, while Tubi provides a scalable ad-supported streaming channel for digital distribution. Fox Corp. positions itself as a financially disciplined alternative, offering investors exposure to resilient live content and advertising with a leaner balance sheet post-Disney asset sale.
The Truth About Fox Corp Class A (FOXA): Hidden Media Power Play or Total Snooze?
This article examines Fox Corp Class A (FOXA) as a media stock, questioning if it's a hidden power play or a slow performer. It delves into FOXA's market position, financial drivers like news and live sports, and competitive landscape against streaming giants. The author suggests FOXA is a value-oriented investment rather than a high-growth "meme stock," appealing to those seeking cash flow and stability in the media sector.
The Truth About Fox Corp Class A (FOXA): Hidden Media Power Play or Total Snooze?
This article analyzes Fox Corp Class A (FOXA), evaluating whether it's a strategic investment or an unexciting stock. It discusses FOXA's position in the media landscape, focusing on its stability through news, sports, and broadcast, contrasting it with rapidly growing tech and streaming companies. The piece concludes that FOXA is a value-oriented, cash-generating stock suitable for investors looking beyond trending "hype" investments, appealing to those who believe in the enduring power of legacy media.
Fox Corporation Executives to Discuss Second Quarter Fiscal 2026 Financial Results Via Webcast
Fox Corporation (Nasdaq: FOXA, FOX) announced that its executives will discuss second quarter fiscal 2026 financial results during a live audio webcast on February 4, 2026, at 8:30 a.m. ET. The results are scheduled to be released concurrently at 8:00 a.m. ET on the same day. An archived webcast will also be available on the company's investor relations website.
News Corp reiterates $1 billion stock repurchase authorization
News Corp has reaffirmed its authorization to repurchase up to $1 billion of its Class A and Class B common stock. The company will provide daily disclosures of these transactions to the ASX and regular updates in its financial reports. The timing of repurchases is subject to market conditions and regulatory factors, and there's no obligation to update these statements unless legally required.
News Corp Updates US$2 Billion Share Repurchase Authorisations, Excludes ASX CDIs
News Corporation has announced updates to its share repurchase programs, authorizing up to US$2 billion for buying back Nasdaq-listed Class A and Class B common stock. The company explicitly states that these repurchases will exclude ASX-listed CDIs. News Corporation is a global media and information services company with shares trading on Nasdaq and as CDIs on the ASX.
Fox Corp. (Class A): How a Legacy Media Stock Is Rebuilding Its Flagship for the Streaming Era
Fox Corp. (Class A) is positioning itself as a focused media company built on live sports, news, and ad-driven entertainment, differentiating itself from rivals through a leaner business model. The company emphasizes its core assets like Fox Sports, Fox News, and the ad-supported streaming service Tubi to attract advertisers and maintain financial discipline. This strategy aims to provide investors with a less risky media exposure compared to debt-heavy, subscription-focused competitors.
The Truth About News Corp: Why Everyone Is Suddenly Paying Attention
News Corp (NWS) is generating buzz on Wall Street due to earnings beats and its strategic shift towards streaming and digital platforms. The article analyzes NWS as an investment, highlighting its media and information assets, risk profile, and position against competitors. It concludes that NWS is a fundamental value play rather than a hyped meme stock, suitable for long-term investors interested in the evolving media landscape.
The 20 stocks most shorted by hedge funds (SH:NYSEARCA)
BofA estimates that hedge funds account for 85% of total market short interest. This article presents a list of the S&P 500 stocks most shorted by hedge funds, with Moderna, Inc. (MRNA) mentioned as an example, based on short interest as a percentage of its float.
Q3 Earnings Highlights: TEGNA (NYSE:TGNA) Vs The Rest Of The Broadcasting Stocks
This article analyzes the Q3 earnings performance of TEGNA (NYSE:TGNA) and compares it to other broadcasting stocks. It highlights the challenges faced by broadcasting companies due to the shift to streaming services and discusses how some are adapting. While TEGNA missed revenue expectations, FOX (NASDAQ:FOXA) showed strong performance, significantly outperforming analysts' estimates.
When Should You Buy Gray Media, Inc. (NYSE:GTN)?
Gray Media, Inc. (NYSE:GTN) has seen recent share price movement but remains a potential bargain based on its price-to-earnings ratio compared to the industry average. Despite its current undervaluation, the company faces high uncertainty due to a negative double-digit profit outlook in the near future, suggesting caution for investors. While the stock's stability with a low beta might seem attractive, its negative growth prospects introduce higher risk that investors should consider.
Fox Corp. (Class B): The Voting Engine Behind a Legacy Media Powerhouse
The article analyzes Fox Corp.'s Class B shares as a strategic financial instrument providing concentrated voting power and focused exposure to the company's media portfolio. It highlights how these shares represent a bet on live news and sports, and an ad-supported streaming strategy through Tubi, positioning Fox differently from its subscription-heavy competitors. The Class B shares are described as a governance engine that ensures strategic continuity, especially crucial for a company deeply intertwined with the Murdoch legacy and politically charged media landscape.
Tubi’s First Profitable Quarter And New Buyback Could Be A Game Changer For Fox (FOXA)
Fox Corporation (FOXA) recently announced that its streaming service, Tubi, achieved its first profitable quarter, accompanied by strong growth in ad revenue and viewing time. This, combined with a new US$1.50 billion share buyback program, signifies management's confidence and a strategic rebalancing towards digital assets. The move helps Fox address investor concerns about its streaming pivot's financial contribution, while acknowledging the challenge of declining traditional TV audiences.
Fox Corp. (Class A): How a Legacy Media Stock Is Rebuilding Its Streaming-Age Playbook
Fox Corp. (Class A) is rebuilding its strategy by focusing on live news, live sports, and unscripted entertainment, while intentionally avoiding expensive, scripted content. The company's business model is built around Fox News Media, Fox Sports, and the Fox broadcast network, complemented by its free ad-supported streaming TV (FAST) service, Tubi. This contrarian approach aims to monetize real-time content demand and advertiser premium, differentiating it from competitors like Disney and Paramount Global who pursue broad subscription streaming models.
Fox Corp. (Class A): How a Legacy Media Stock Is Rebuilding Its Streaming-Age Playbook
Fox Corporation (Class A) is adopting a contrarian media strategy by focusing on live news, live sports, and unscripted entertainment, while intentionally limiting expensive scripted content. The company's business model is built around three pillars: Fox News Media, Fox Sports, and the Fox broadcast network alongside its free ad-supported streaming service, Tubi. This approach aims to monetize real-time content and advertiser demand, offering a leaner, cash-yielding alternative to the subscription-first models of competitors.
CNN’s Abby Phillip Clashes With Trump Allies Over Whether Somalis Are ‘Actual Victims’ of Minnesota Fraud
CNN’s Abby Phillip engaged in a heated discussion with her panel regarding a $9 billion fraud scheme in Minnesota, allegedly perpetrated by members of the Somali community. Phillip argued that Somali families were the "actual victims," drawing disagreement from some conservative panelists who contended that taxpayers were the victims. The debate escalated over who constitutes a taxpayer when government benefits are involved and whether the ethnicity of those implicated in the fraud was relevant.
Here's How Much $1000 Invested In Fox 5 Years Ago Would Be Worth Today
An investment of $1000 in Fox Corporation Class A (NASDAQ: FOXA) five years ago would now be worth $2,565.26, demonstrating an average annual return of 20.21%. Fox has outperformed the market by 7.25% on an annualized basis over this period. This highlights the significant impact of compounded returns on cash growth over time.
Fox Corp. (Class A): How a Leaner Media Empire Is Rewiring the Broadcast Business
Fox Corp. (Class A) is transforming into a focused media platform emphasizing live news, sports, and free streaming through Tubi, rather than chasing costly subscription models like its competitors. This strategy leverages advertising-supported content and resilient live programming to generate stable cash flow and offers a leaner, more coherent approach in the evolving media landscape. The company's concentrated portfolio and contrarian streaming economics position it as an optimized cash flow engine with focused growth levers for investors.
Zacks Industry Outlook Highlights Fox, Bilibili and Sirius XM
The Zacks Broadcast Radio and Television industry is struggling due to cord-cutting but companies like Fox, Bilibili, and Sirius XM are thriving by catering to massive digital content consumption. These companies benefit from diverse content, improved internet infrastructure, and strategic focus on profit protection and technology integration. Despite a dismal industry outlook, these three stocks are highlighted as strong buy opportunities for 2026 due to their individual growth catalysts and positive earnings revisions.
News Corp reports ongoing $1 billion stock repurchase authorization By Investing.com
News Corp (NASDAQ:NWSA, NASDAQ:NWS) has reaffirmed its ongoing $1 billion stock repurchase authorization for its Class A and Class B common stock. The company provides daily disclosures of these transactions to the Australian Securities Exchange and includes the information in its quarterly and annual reports. The repurchase programs are an ongoing financial strategy, contingent on market conditions, and no new or amended repurchase amounts were disclosed in recent filings.
The Truth About Fox Corp. (Class B): Why Everyone Is Suddenly Watching This Stock
This article analyzes Fox Corp. (Class B) stock, discussing its core business in news and live sports, its price performance as a value stock, and its risk level. It compares Fox to competitors like Disney and Paramount Global, ultimately concluding it's a "cop" for investors seeking exposure to live content, steady cash flow, and dividends, despite its controversial nature.
The Truth About News Corp Class B (NWS): Smart Money Play or Clout Trap?
This article analyzes News Corp Class B (NWS) as a potential investment, exploring whether it's a smart long-term play or an overrated stock. It delves into NWS's business mix beyond traditional media, its financial stability, and how it stacks up against competitors like The New York Times Company and Disney. The piece concludes that while NWS lacks viral appeal, its diverse assets and cash-generating capacity make it an attractive option for value-focused, long-term investors.
News Corp Details Ongoing US$2 Billion Share Repurchase Programs for Nasdaq-Listed Stock
News Corp has announced details of its continuing share repurchase programs, totaling US$2 billion. These programs authorize the company to buy back up to US$1 billion each of its Nasdaq-listed Class A and Class B common stock. News Corp confirmed that these repurchases will not include ASX-listed CHESS Depositary Interests.
