Fox ad revenue jumps 47% on World Cup, political spend, Tubi growth

Deadline’s Jill Goldsmith reports that Fox Corp. revenue rose 22% to $4.57 billion last quarter, beating expectations as a 47% ad sales surge from the FIFA Men’s World Cup, political advertising, and Tubi’s digital growth drove gains, while distribution revenue climbed 9%.

Why it matters. Advertisers now see live sports and political cycles as the clearest lever for broadcasters to post record quarters, even as the bigger test looms in Fox’s pending Roku acquisition.

Signal from deadline.com · Jill Goldsmith · read the original.

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