Nexstar CEO Wants to “Move With a Sense of Urgency” on Consolidation With GOP Control Likely [Yahoo! Finance]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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US:NASDAQ Investor Relations:
21cf.com/investor-relations
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Source: Yahoo! Finance
During the company's quarterly earnings call, CEO Perry Sook said that he intends to move quickly to pursue dealmaking, and that the real competitors to local TV is big tech. In fact deregulation is the “number one priority” of both the company and the broadcast trade group the NAB. More from The Hollywood Reporter 'All American' Renewed for Abbreviated Seventh Season at The CW New CW Regime Defends Its Radical Shift in Focus NewsNation Taps Chris Stirewalt for New Sunday Show “It's evident that the antiquated ownership caps applied to broadcasters do not reflect the reality of today's competitive media environment,” Sook said. “We believe that there is value to be created for our shareholders through further consolidation, while driving true and new benefits to the American people who want and deserve fact-based unbiased local news “ “Our industry's real competition comes from big tech companies who have unfettered access to every screen in America, from phones, desktops
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FOX
Earnings
- 11/4/24 - Beat
FOX
Analyst Actions
- 10/11/24 - Barclays PLC