Fox Corp reports a sharp rise in advertising revenue tied to the FIFA Men’s World Cup, even as its quarterly profit falls. Across the fiscal quarter ended in June, Fox’s advertising sales increase 78% year over year, with reporting pointing to strong tournament demand for broadcast ad inventory. Several outlets also cite that a 30-second spot during World Cup broadcasts on Fox can range from roughly $200,000 to $750,000 depending on the matchup. Fox says overall revenue for the quarter rises 28% to $4.21 billion, largely reflecting higher advertising income. Fox’s distribution-related revenue also improves, with one report indicating a year-over-year gain to about $2.03 billion. While advertising growth is driven by World Cup coverage, CNBC adds that ad-supported streaming service Tubi also contributes to the rise. Despite the revenue gains, Variety reports profit for the quarter declines 3% year over year to about $696 million, indicating higher costs or other offsetting factors. For the broader fiscal year, Fox’s revenue is reported as up about 5% to $17.13 billion, with tournament advertising described as a key driver.
World Cup drives Fox advertising surge as quarterly profit declines
Fox Corp reports a sharp rise in advertising revenue tied to the FIFA Men’s World Cup, even as its quarterly profit falls. Across the fiscal quarter ended in June, Fox’s advertising sales increase 78%...
- Fox’s advertising revenue rises 78% year over year in the fiscal quarter ended in June, attributed primarily to the FIFA Men’s World Cup.
- Fox reports quarterly revenue up 28% to about $4.21 billion, with World Cup advertising described as the main contributor.
- Profit for the quarter falls 3% year over year to about $696 million despite the revenue increase.
- Distribution-related revenue increases year over year (reported as about $2.03 billion, with cable network programming also showing growth).
- A 30-second World Cup spot on Fox is reported to cost roughly $200,000 to $750,000 depending on the fixture; ad-supported streaming (Tubi) is also cited as growing.
August 6 – The World Cup helped Fox Corp to more than $17.1 billion in revenue in its 2026 fiscal year, a 5% rise on 2025, driven in large part by strong advertising around the tournament. The headline number is the ad surge. Fox said fourth quarter advertising revenue jumped 78% to $1.9 billion, up from $1.1 billion in the same period a year earlier, powered by the World Cup. Thirty second slots during the tournament reportedly went for anywhere between $200,000 and $750,000 depending on the fixture. Read more … The post World Cup hydrates Fox’s balance sheet with additional $250m in ad revenue appeared first on Inside World Football.
1 month agoFox advertising revenue increased 78% during the quarter primarily due to the FIFA Men's World Cup and growth at ad-supported streaming service Tubi.
1 month agoAverage cost of a 30-second spot during tournaments airing on Fox was reportedly between $200,000 and $750,000Fox Corp, parent company of Fox News and the US broadcaster of the Fifa World Cup, reported revenue up 28% to $4.21bn in the fiscal fourth quarter, thanks largely to advertising income from the soccer tournament.Advertising revenue jumped 78%, the company reported on Thursday. Overall, revenue for the 2026 fiscal year came in at $17.13bn, a 5% increase from last year. Analysts surveyed by FactSet forecast revenue for the quarter of $3.64bn. Continue reading...
1 month agoThe broadcast of the FIFA Men’s World Cup drove a 78% jump in advertising sales at Fox as total revenue for the company’s fiscal fourth quarter ended in June jumped 28% to $4.21 billion. Distribution revenue increased 5%, driven by 7% growth at the cable network programming. Fox also noted continued digital growth led by AVOD service […]
1 month agoFox ad sales rose 78% (108% for the TV division) during from April-June due to the FIFA Men’s World Cup. Still, overall profit for the quarter dipped 3% year over year to $696 million. Fox’s distribution revenue was up 7% to $2.03 billion from $1.94 billion year over year. Content and other revenues dropped more […]
1 month ago
Abakkus Asset Manager files draft IPO papers for offer-for-sale of up to 1.5 crore shares
Sunil Singhania-led Abakkus Asset Manager has filed draft papers for an initial public offering, according to reports fr...
Xi Jinping to consider large CEO delegation for US visit, sources say
Chinese President Xi Jinping is preparing to travel to Washington later this month and is considering bringing a large g...
US bill threatens up to 100% tariffs on India for buying Russian oil
The US House of Representatives passes a bill that would allow tariffs of up to 100% on countries, including India, that...