TacticScaleWhat Fox Does & How It Makes Money (FOXA)
Updated October 2026 · reflects Fox's latest reported financials
U.S. news, sports and entertainment media company behind FOX and Tubi. Fox earns fees from cable, satellite and streaming TV distributors that carry its news and sports channels, and sells advertising on its broadcast network, local stations and Tubi.
How Fox makes money
Fox earns fees from cable, satellite and streaming TV distributors that carry its news and sports channels, and sells advertising on its broadcast network, local stations and Tubi. It also earns money from licensing content, producing shows for other companies, and renting out studio facilities.
What Fox does
Fox Corporation is a U.S. media company built around news, sports and entertainment. It reports two segments. Cable Network Programming makes news and sports content and licenses it to cable and satellite operators, telecom companies, virtual pay-TV services and digital platforms. Television runs the FOX broadcast network, the ad-supported streaming service Tubi, and full-power local TV stations, including duopoly markets. Most of its revenue comes from two places: fees paid by TV distributors and advertising across its networks, stations and Tubi. It also produces content for third parties, has a consumer finance marketplace business, and provides TV and film production services, studio operations and office space. Fox was incorporated in 2018 and is based in New York.
Products & services
- FOX broadcast network
- Tubi
- Cable news and sports networks
- Local FOX television stations
- Studio and production services
What is Fox worth?
On an owner-earnings DCF, Fox's most-likely value is about $103 versus a recent price near $62 (66% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$65) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
Fox (FOX) · Nexstar Media (NXST) · Fox Factory Holding (FOXF) · Roku (ROKU) · Comcast (CMCSA)