Fox Corporation joined other media companies like Walt Disney and ViacomCBS Tuesday with an acknowledgement that the continuing coronavirus pandemic may have an effect on its financial operations. “While the Company’s national news ratings remain strong, sports events for which the Company has broadcast rights have been cancelled or postponed and the production of certain entertainment content the Company acquires has been suspended,” Fox said in a filing with the U.S.
Securities and Exchange Commission Tuesday. “The evolving and uncertain nature of this situation makes it challenging for the Company to estimate the future performance of its businesses, particularly over the near to medium term, including the supply and demand for its
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