Segment Information (Tables)

9 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated

The following tables set forth the Company’s Revenues and Segment EBITDA for the three and nine months ended March 31, 2024 and 2023:

	For the three months ended March 31,				For the nine months ended March 31,
	2024		2023		2024		2023
	(in millions)
Revenues
Cable Network Programming	$	1,472	$	1,570	$	4,517	$	4,633
Television	1,938		2,475		6,260		7,123
Other, Corporate and Eliminations	37		39		111		125
Total revenues	$	3,447	$	4,084	$	10,888	$	11,881
Segment EBITDA
Cable Network Programming	$	819	$	792	$	1,990	$	1,887
Television	145		117		358		782
Other, Corporate and Eliminations	(73)		(76)		(238)		(213)
Amortization of cable distribution investments	(4)		(4)		(12)		(12)
Depreciation and amortization	(98)		(106)		(291)		(308)
Restructuring, impairment and other corporate matters	(15)		(893)		(24)		(1,015)
Interest expense, net	(55)		(55)		(169)		(183)
Non-operating other, net	242		174		39		293
Income (loss) before income tax (expense) benefit	961		(51)		1,653		1,231
Income tax (expense) benefit	(257)		1		(419)		(347)
Net income (loss)	704		(50)		1,234		884
Less: Net income attributable to noncontrolling interests	(38)		(4)		(52)		(20)
Net income (loss) attributable to Fox Corporation stockholders	$	666	$	(54)	$	1,182	$	864

Schedule of Revenues by Segment by Component to Consolidated

Revenues by Segment by Component

	For the three months ended March 31,				For the nine months ended March 31,
	2024		2023		2024		2023
	(in millions)
Cable Network Programming
Affiliate fee	$	1,104	$	1,093	$	3,140	$	3,148
Advertising	296		316		934		1,083
Other	72		161		443		402
Total Cable Network Programming revenues	1,472		1,570		4,517		4,633
Television
Advertising	939		1,559		3,503		4,516
Affiliate fee	834		764		2,325		2,132
Other	165		152		432		475
Total Television revenues	1,938		2,475		6,260		7,123
Other, Corporate and Eliminations	37		39		111		125
Total revenues	$	3,447	$	4,084	$	10,888	$	11,881

Schedule of Reconciliation of Depreciation and Amortization from Segments to Consolidated

	For the three months ended March 31,				For the nine months ended March 31,
	2024		2023		2024		2023
	(in millions)
Depreciation and amortization
Cable Network Programming	$	20	$	18	$	57	$	52
Television	29		38		86		97
Other, Corporate and Eliminations	49		50		148		159
Total depreciation and amortization	$	98	$	106	$	291	$	308

Schedule of Reconciliation of Assets from Segments to Consolidated

	As of March 31, 2024		As of June 30, 2023
	(in millions)
Assets
Cable Network Programming	$	2,778	$	2,658
Television	8,111		7,803
Other, Corporate and Eliminations	9,578		10,371
Investments	1,250		1,034
Total assets	$	21,717	$	21,866