Fox Corp
For the period ended Nov 2, 2026. Filed Nov 2, 2026.
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Nov 2, 2026 · Filed Nov 2, 2026
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Contents
EX-99.1 · CABLE NETWORK PROGRAMMING
CABLE NETWORK PROGRAMMING
| Three Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| $ Millions | ||
| Revenues | ||
| Distribution | $1,200 | $1,090 |
| Advertising | 373 | 345 |
| Content and other | 230 | 227 |
| Total revenues | 1,803 | 1,662 |
| Operating expenses | (793) | (703) |
| Selling, general and administrative | (151) | (159) |
| Segment EBITDA | $859 | $800 |
Cable Network Programming reported quarterly segment revenue of $1.80 billion, an increase of $141 million or 8% from the amount reported in the prior year quarter. Distribution revenue increased $110 million or 10% primarily due to contractual price increases and an increase in the average number of subscribers. Advertising revenue increased $28 million or 8%, primarily due to higher sports advertising revenue including the current year broadcast of the World Cup, partially offset by lower digital news advertising revenue. Content and other revenue increased $3 million or 1%.
Cable Network Programming reported quarterly segment EBITDA of $859 million, an increase of $59 million or 7% from the amount reported in the prior year quarter, as the revenue increase noted above was partially offset by higher expenses. The increase in expenses was primarily driven by higher sports programming rights amortization and production costs, including the current year broadcast of the World Cup, and higher news programming costs.
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