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Segment Information (Tables)
6 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated
 
For the three months ended December 31,
For the six months ended December 31,
 2024202320242023
 (in millions)
Revenues  
Cable Network Programming$2,165 $1,658 $3,762 $3,045 
Television2,961 2,542 4,914 4,322 
Corporate and Other58 49 123 103 
Eliminations(106)(15)(157)(29)
Total revenues$5,078 $4,234 $8,642 $7,441 
Segment EBITDA
Cable Network Programming$657 $564 $1,405 $1,171 
Television205 (138)577 213 
Corporate and Other(81)(76)(153)(165)
Amortization of cable distribution investments(4)(4)(8)(8)
Depreciation and amortization(97)(97)(188)(193)
Restructuring, impairment and other corporate matters(170)(18)(196)(9)
Equity earnings of affiliates
Interest expense, net(80)(72)(130)(114)
Non-operating other, net81 (29)314 (205)
Income before income tax expense515 131 1,628 692 
Income tax expense(127)(16)(408)(162)
Net income388 115 1,220 530 
Less: Net income attributable to noncontrolling interests(15)(6)(20)(14)
Net income attributable to Fox Corporation stockholders$373 $109 $1,200 $516 
Schedule of Revenues by Segment by Component to Consolidated
 
For the three months ended December 31,
For the six months ended December 31,
 2024202320242023
 (in millions)
Revenues by Segment by Component
Cable Network Programming  
Affiliate fee$1,076 $1,031 $2,113 $2,036 
Advertising460 348 781 638 
Other629 279 868 371 
Total Cable Network Programming revenues2,165 1,658 3,762 3,045 
Television
Advertising1,962 1,654 2,970 2,564 
Affiliate fee824 756 1,630 1,491 
Other175 132 314 267 
Total Television revenues2,961 2,542 4,914 4,322 
Corporate and Other58 49 123 103 
Eliminations(106)(15)(157)(29)
Total revenues$5,078 $4,234 $8,642 $7,441 
Schedule of Reconciliation of Depreciation and Amortization from Segments to Consolidated
For the three months ended December 31,
For the six months ended December 31,
2024202320242023
(in millions)
Depreciation and amortization
Cable Network Programming$25 $19 $45 $37 
Television30 28 59 57 
Corporate and Other42 50 84 99 
Total depreciation and amortization$97 $97 $188 $193 
Schedule of Reconciliation of Assets from Segments to Consolidated
As of
December 31,
2024
As of
June 30,
2024
(in millions)
Assets
Cable Network Programming$3,105 $2,792 
Television9,536 7,961 
Corporate and Other8,864 10,090 
Investments1,517 1,129 
Total assets$23,022 $21,972