SEC filing. These marked downgrades from $31.1 million and $27.7 million, from the year prior. Also revealed in the SEC filing Friday was that Lachlan signed a contract extension last year that will see him continue to lead Fox Corp.
through at least June 2026. Fox slightly missed Wall Street expectations in its fourth-quarter earnings report from August. Though revenue rose 5% from the prior year to $3.03 billion, net income did not improve as much as anticipated.
But overall, Fox Corps. — which includes the Fox broadcast network, Fox News, Fox Sports and Tubi — has fared far better than most media stocks with its share price falling just 1% in the last month.
The Murdochs weren’t the only executives to see their pay packages shrink either as CFO Steve Tomsic, chief legal and policy officer Viet Dinh and COO John Nallen also collected smaller compensation than last year.
Read more on thewrap.com
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