Segment Information (Tables)
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9 Months Ended |
Mar. 31, 2025 |
Segment Reporting [Abstract] |
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Schedule of Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated |
| | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | For the nine months ended March 31, | | 2025 | | 2024 | | 2025 | | 2024 | | (in millions) | Revenues | | | | | | | | Cable Network Programming | $ | 1,636 | | | $ | 1,472 | | | $ | 5,398 | | | $ | 4,517 | | Television | 2,704 | | | 1,938 | | | 7,618 | | | 6,260 | | Corporate and Other | 58 | | | 53 | | | 181 | | | 156 | | Eliminations | (27) | | | (16) | | | (184) | | | (45) | | Total revenues | $ | 4,371 | | | $ | 3,447 | | | $ | 13,013 | | | $ | 10,888 | | Segment EBITDA | | | | | | | | Cable Network Programming | $ | 878 | | | $ | 819 | | | $ | 2,283 | | | $ | 1,990 | | Television | 60 | | | 145 | | | 637 | | | 358 | | Corporate and Other | (82) | | | (73) | | | (235) | | | (238) | | Amortization of cable distribution investments | (1) | | | (4) | | | (9) | | | (12) | | Depreciation and amortization | (95) | | | (98) | | | (283) | | | (291) | | Restructuring, impairment and other corporate matters | (55) | | | (15) | | | (251) | | | (24) | | Equity losses of affiliates | (18) | | | (2) | | | (11) | | | — | | Interest expense, net | (55) | | | (55) | | | (185) | | | (169) | | Non-operating other, net | (158) | | | 244 | | | 156 | | | 39 | | Income before income tax expense | 474 | | | 961 | | | 2,102 | | | 1,653 | | Income tax expense | (120) | | | (257) | | | (528) | | | (419) | | Net income | 354 | | | 704 | | | 1,574 | | | 1,234 | | Less: Net income attributable to noncontrolling interests | (8) | | | (38) | | | (28) | | | (52) | | Net income attributable to Fox Corporation stockholders | $ | 346 | | | $ | 666 | | | $ | 1,546 | | | $ | 1,182 | |
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Schedule of Revenues by Segment by Component to Consolidated |
| | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | For the nine months ended March 31, | | 2025 | | 2024 | | 2025 | | 2024 | | (in millions) | Revenues by Segment by Component | | | | | | | | Cable Network Programming | | | | | | | | Affiliate fee | $ | 1,135 | | | $ | 1,104 | | | $ | 3,248 | | | $ | 3,140 | | Advertising | 372 | | | 296 | | | 1,153 | | | 934 | | Other | 129 | | | 72 | | | 997 | | | 443 | | Total Cable Network Programming revenues | 1,636 | | | 1,472 | | | 5,398 | | | 4,517 | | Television | | | | | | | | Advertising | 1,664 | | | 939 | | | 4,634 | | | 3,503 | | Affiliate fee | 870 | | | 834 | | | 2,500 | | | 2,325 | | Other | 170 | | | 165 | | | 484 | | | 432 | | Total Television revenues | 2,704 | | | 1,938 | | | 7,618 | | | 6,260 | | Corporate and Other | 58 | | | 53 | | | 181 | | | 156 | | Eliminations | (27) | | | (16) | | | (184) | | | (45) | | Total revenues | $ | 4,371 | | | $ | 3,447 | | | $ | 13,013 | | | $ | 10,888 | |
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Schedule of Reconciliation of Depreciation and Amortization from Segments to Consolidated |
| | | | | | | | | | | | | | | | | | | | | | | | | For the three months ended March 31, | | For the nine months ended March 31, | | 2025 | | 2024 | | 2025 | | 2024 | | (in millions) | Depreciation and amortization | | | | | | | | Cable Network Programming | $ | 24 | | | $ | 20 | | | $ | 69 | | | $ | 57 | | Television | 28 | | | 29 | | | 87 | | | 86 | | Corporate and Other | 43 | | | 49 | | | 127 | | | 148 | | Total depreciation and amortization | $ | 95 | | | $ | 98 | | | $ | 283 | | | $ | 291 | |
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Schedule of Reconciliation of Assets from Segments to Consolidated |
| | | | | | | | | | | | | As of March 31, 2025 | | As of June 30, 2024 | | (in millions) | Assets | | | | Cable Network Programming | $ | 3,078 | | | $ | 2,792 | | Television | 8,720 | | | 7,961 | | Corporate and Other | 10,207 | | | 10,090 | | Investments | 1,362 | | | 1,129 | | Total assets | $ | 23,367 | | | $ | 21,972 | |
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