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Segment Information (Tables)
12 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated
The tables below present summarized financial information for each of the Company’s reportable segments and Corporate and Other.
For the years ended June 30,
202420232022
(in millions)
Revenues
Cable Network Programming$5,955 $6,043 $6,097 
Television7,875 8,710 7,685 
Corporate and Other209 217 233 
Eliminations(59)(57)(41)
Total revenues$13,980 $14,913 $13,974 
Segment EBITDA
Cable Network Programming$2,693 $2,472 $2,934 
Television506 1,009 347 
Corporate and Other(316)(290)(326)
Amortization of cable distribution investments(16)(16)(18)
Depreciation and amortization(389)(411)(363)
Restructuring, impairment and other corporate matters(67)(1,182)(157)
Equity (losses) earnings of affiliates(44)
Interest expense, net(216)(218)(371)
Non-operating other, net
(47)368 (356)
Income before income tax expense2,104 1,736 1,694 
Income tax expense(550)(483)(461)
Net income1,554 1,253 1,233 
Less: Net income attributable to noncontrolling interests(53)(14)(28)
Net income attributable to Fox Corporation stockholders$1,501 $1,239 $1,205 
Schedule of Summary of Revenues by Segment by Component to Consolidated
For the years ended June 30,
202420232022
(in millions)
Revenues by Segment by Component
Cable Network Programming
Affiliate fee$4,188 $4,175 $4,205 
Advertising1,262 1,403 1,462 
Other505 465 430 
Total Cable Network Programming revenues5,955 6,043 6,097 
Television
Advertising4,182 5,204 4,440 
Affiliate fee3,136 2,876 2,673 
Other557 630 572 
Total Television revenues7,875 8,710 7,685 
Corporate and Other209 217 233 
Eliminations(59)(57)(41)
Total revenues$13,980 $14,913 $13,974 
Schedule of Reconciliation of Depreciation and Amortization from Segments to Consolidated and Reconciliation of Capital Expenditures from Segments to Consolidated
For the years ended June 30,
202420232022
(in millions)
Depreciation and amortization
Cable Network Programming$77 $71 $60 
Television117 126 112 
Corporate and Other195 214 191 
Total depreciation and amortization$389 $411 $363 
For the years ended June 30,
202420232022
(in millions)
Capital expenditures
Cable Network Programming$161 $66 $67 
Television76 96 104 
Corporate and Other108 195 136 
Total capital expenditures$345 $357 $307 
Schedule of Reconciliation of Assets from Segments to Consolidated
As of June 30,
20242023
(in millions)
Assets
Cable Network Programming$2,792 $2,658 
Television7,961 7,803 
Corporate and Other10,090 10,371 
Investments1,129 1,034 
Total assets$21,972 $21,866 
Schedule of Reconciliation of Goodwill and Intangible Assets, Net from Segments to Consolidated
 
As of June 30,
 20242023
 (in millions)
Goodwill and intangible assets, net
Cable Network Programming$1,288 $1,312 
Television4,605 4,633 
Corporate and Other689 698 
Total goodwill and intangible assets, net$6,582 $6,643