Segment Information (Tables)

3 Months Ended

Sep. 30, 2023

The following tables set forth the Company’s Revenues and Segment EBITDA for the three months ended September 30, 2023 and 2022:


	For the three months ended September 30,
	2023		2022
	(in millions)
Revenues
Cable Network Programming	$	1,387	$	1,431
Television	1,780		1,714
Other, Corporate and Eliminations	40		47
Total revenues	$	3,207	$	3,192
Segment EBITDA
Cable Network Programming	$	607	$	742
Television	351		409
Other, Corporate and Eliminations	(89)		(59)
Amortization of cable distribution investments	(4)		(4)
Depreciation and amortization	(96)		(99)
Interest expense, net	(42)		(68)
Other, net	(166)		(76)
Income before income tax expense	561		845
Income tax expense	(146)		(232)
Net income	415		613
Less: Net income attributable to noncontrolling interests	(8)		(8)
Net income attributable to Fox Corporation stockholders	$	407	$	605

Revenues by Segment by Component


	For the three months ended September 30,
	2023		2022
	(in millions)
Cable Network Programming
Affiliate fee	$	1,005	$	1,029
Advertising	290		316
Other	92		86
Total Cable Network Programming revenues	1,387		1,431
Television
Advertising	910		905
Affiliate fee	735		682
Other	135		127
Total Television revenues	1,780		1,714
Other, Corporate and Eliminations	40		47
Total revenues	$	3,207	$	3,192


	For the three months ended September 30,
	2023		2022
	(in millions)
Depreciation and amortization
Cable Network Programming	$	18	$	17
Television	29		29
Other, Corporate and Eliminations	49		53
Total depreciation and amortization	$	96	$	99


	As of September 30, 2023		As of June 30, 2023
	(in millions)
Assets
Cable Network Programming	$	2,662	$	2,658
Television	8,267		7,803
Other, Corporate and Eliminations	9,843		10,371
Investments	877		1,034
Total assets	$	21,649	$	21,866