FOX · 8-K · 20260806PR053892

Distribution Subscriber Trends

Fox Corp · 2026-08-06 · Importance 49 · Surprise 32 · In source text

Cable Network Programming distribution revenue increased 7% in the quarter and 5% for the full year as contractual price increases were partially offset by net subscriber declines. Television distribution revenue was essentially unchanged both quarterly and for the full year. Television’s higher average rates at owned and operated stations and increased fees from third-party FOX affiliates were offset by the net impact of subscriber declines. The release identifies MVPD agreements, retransmission fees, direct-to-consumer subscriptions, and independently owned FOX affiliates as FOX’s distribution channels.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+5.3%Cable Network Programming full year distribution revenue increased $222 million or 5% to $4,662 million, with contractual price increases…