Fox Corp. Reports 22% Revenue Increase in Q1 Due to World Cup, Political Ads

• Fox Corp.'s revenue increased by 22% to $4.57 billion in the first quarter.
• Advertising revenue surged by 47% due to the FIFA Men's World Cup broadcast.
• Political advertising revenue also contributed to the revenue increase.
• Digital growth, particularly from Tubi, and a 9% growth in distribution revenue further supported the financial performance.
• Cable distribution revenue grew by 10% during the quarter.