Fox Benefiting as TV Advertisers Move From Cable -- Market Talk

Dow Jones12-09 00:01

1101 ET - Fox is benefiting from shifts in the TV advertising market as advertisers move away from linear cable entertainment advertising, Fox Corporation Chief Financial Officer Steve Tomsic says at the UBS Global Media and Communications Conference. "A lot of that money has gone and sort of leaked out as that viewership and engagement has eroded, and has come to places where we play," Tomsic said, highlighting broadcast news, sports, and streaming. "We're seeing an incredibly robust advertising market across virtually all of our verticals." Fox shares common ownership with the parent of The Wall Street Journal's publisher. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

December 08, 2025 11:01 ET (16:01 GMT)

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