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OFFON

FOX CORPORATION

(FOXA)
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FOX News Digital : Outperforms All News Brands in Multiplatform Minutes and Multiplatform Views

06/23/2021 | 04:15pm EDT

The FOX News Mobile App Surpasses CNN in Unique Visitors

FOXBusiness.com Experiences Highest Growth in Total Multiplatform Unique Visitors and Views in the Business Competitive Set

FOX News Digital closed out the month of May surpassing CNN.com in total multiplatform minutes for the third consecutive month and outperforming all other news brands in the news competitive set, with nearly 3.4 billion total multiplatform minutes, according to Comscore. In May, the digital network notched nearly 1.6 billion total multiplatform views, also outpacing CNN.com in the metric and delivered over 85 million total unique visitors. Additionally, the FOX News Mobile App drove 7.1 million unique visitors in May, edging out CNN in the category.*

For the 81st consecutive month, FOX News remained the most engaged news brand on social media (Facebook, Twitter and Instagram). FOX News was also the top-performer in Facebook and Instagram interactions among news competitors, with over 24 million Facebook interactions and 21 million on Instagram, according to Socialbakers. FOX News also reigned as the top news outlet in YouTube video views, with over 214 million, while FOXBusiness.com topped the business competition in the category with 27 million views.

Additionally, FOXBusiness.com secured over 25 million multiplatform unique visitors and drove 135 million multiplatform views in May, experiencing the largest growth in both categories versus the prior month over all other entities in the business news competitive set. The business network also totaled 231 million multiplatform minutes in May and for the eighth consecutive month surpassed Forbes.com in multiplatform minutes. FOXBusiness.com was up double digits in multiplatform views (44%) and multiplatform minutes (41%) versus the prior year.**

MAY 2021 FOX NEWS DIGITAL VS. CNN.COM

Multi-Platform Total Minutes

FOX News Digital – 3,373,000,000 (down 20 percent vs. May 2020)
CNN.com – 2,605,000,000 (down 44 percent vs. May 2020)

Multi-Platform Total Views

FOX News Digital – 1,556,000,000 (down 16 percent vs. May 2020)
CNN.com – 1,538,000,000 (down 40 percent vs. May 2020)

Multi-Platform Unique Visitors

FOX News Digital – 85,644,000 (down 25 percent vs. May 2020)
CNN.com – 131,420,000 (down 20 percent vs. May 2020)

FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, the direct-to-consumer digital streaming services FOX Nation and FOX News International and the upcoming AVOD platform FOX Weather. Currently the number one network in all of cable, FNC has also been the most watched television news channel for 19 consecutive years, while FBN currently ranks among the top business channels on cable. Owned by FOX Corporation, FOX News Media reaches 200 million people each month.

*Source: Comscore Media Metrix® Multi-Platform, Total Digital Audience, Custom-Defined List including CNN.com, NBCNews.com, ABCNews.com, CBSNews.com, Fox News Digital Network, WashingtonPost.com, NYTimes.com, HuffPost U.S., Wall Street Journal Online, Reuters.com, and USAToday.com, May 2021, U.S. & Comscore Mobile Metrix®, Mobile App Only, [FOX News Mobile App and CNN Mobile App], May 2021, U.S.

**Source: Comscore Media Metrix® Multi-Platform, Total Digital Audience, Custom-Defined List including FoxBusiness.com, Bloomberg.com, CNBC.com, CNN Business, Entrepreneur.com, Forbes.com, HuffPost Business, MarketWatch, Motley Fool, MSN Money, TheStreet.com, USA TODAY Money, WSJ Online, Yahoo! Finance, May 2021, U.S.


ę Business Wire 2021
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Financials (USD)
Sales 2021 12 778 M - -
Net income 2021 2 239 M - -
Net Debt 2021 2 142 M - -
P/E ratio 2021 9,70x
Yield 2021 1,61%
Capitalization 20 491 M 20 491 M -
EV / Sales 2021 1,77x
EV / Sales 2022 1,66x
Nbr of Employees 9 000
Free-Float 81,2%
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Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 36,32 $
Average target price 41,55 $
Spread / Average Target 14,4%
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Managers and Directors
Lachlan Keith Murdoch Co-Chairman & Chief Executive Officer
Steven Silvester Tomsic Chief Financial Officer
Keith Rupert Murdoch Co-Chairman
Paul Cheesbrough Chief Technology Officer & President-Digital
Yoel Flohr Executive Vice President-Technology & Digital
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