Fox Corp Class A
FOXA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$61.00 | Bjj | Tsvhynhk |
Fox’s Sports and News Strategy Has Served It Well, but Greater Challenges Lurk as Industry Evolves
Business Strategy and Outlook
Fox’s strategy differs from its biggest traditional media peers, and its business has been far more resilient as a result. Although it has outperformed in the past few years, we think its dependence on the traditional pay-TV bundle for nearly all its revenue is problematic over the long term.