SEC Filings
Fox Closes Roku Purchase — Former Roku Holders Own Approximately 26% Of Combined Company
Fox expects about $400 million in annual cost savings within two years while promising to preserve Roku’s open platform.
FOXA
Fox Corp. Class A (FOXA) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
Fidelity Parent FMR Reports 8% Stake In Fox Class A Stock
FMR holds 16.2 million Class A shares, with sole voting power over 13.9 million of them, as Fox pursues its Roku purchase.
SEC Filings
Fox Holders Vote Down Simple-Majority Proposal, 120.6 Million To 77.3 Million, As Lachlan Murdoch Draws Most Opposition
All seven Fox directors won re-election Wednesday, but Paul Ryan drew 43,152,572 votes against, second only to Murdoch's 29,695,084.
Earnings
Fox Revenue Jumps 22% To $4.57 Billion As World Cup Lifts Television EBITDA 134%
Net income rose to $957 million from $609 million as advertising revenue climbed 47% in the quarter ended September 30.
SEC Filings
Fox Legal Chief Ciongoli Leaves With $12,595,784 Equity Payout; Trutanich Named General Counsel
Fox's chief legal and policy officer will not renew his contract, and an in-house deputy takes the top legal job on December 1.
SEC Filings
Fox Class B Holders Back Roku Stock Issuance With 99.9% Of Votes Cast
Fox says the vote clears one required step for the Roku deal, while Justice Department and other regulatory clearance is still pending.
Deals
Fox Discloses $30 Million Morgan Stanley Advisory Fee, Up To $50 Million More In Financing Fees
Fox says it added the banker disclosures only to avoid delay, while denying the Delaware suit's claims, a week before the October 14 vote.