Fox Corp. has joined the chorus of media companies publicly acknkowledging the impact of the coronavirus pandemic on its business, noting canceled sports events and postponed production. The COVID-…
The COVID-19 outbreak “could have a material adverse effect on the Company’s business, financial condition or results of operations over the near to medium term,” Fox said in an SEC filing Monday.
In what’s become boilerplate language in the recent wave of filings, the company said “the magnitude of the impacts will depend on the duration and extent of COVID-19 and the effect of governmental actions and consumer behavior in response to the pandemic and such governmental actions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fox Corp. Says Virus Crisis Impact Could Be 'Material,' Eyes Credit Pact AmendmentFox Corp. on Tuesday became the latest media company to say that the financial fallout from the coronavirus pandemic could be 'material' and said it is looking to amend a credit agreement. Details:
Read more »
Watch Fox News Channel and Fox Business Network OnlinePresident Trump and the White House coronavirus task force are giving updates on the fight as the number of cases grows.
Read more »
Jeanine Pirro Pushes Back Against Social Media Speculation She Was Drunk on Fox News ShowSome said Pirro had an uncanny similarity to Cecily Strong’s impression of her on Saturday Night Live.
Read more »
Fox News says technical difficulties were responsible for Jeanine Pirro show that raised eyebrowsFox News blamed technical difficulties for Jeanine Pirro's show that raised eyebrows after some on social media accused her of being drunk.
Read more »
Fox News reportedly fears its early downplaying of COVID-19 leaves it open to lawsuitsFox Business announced Friday that it has "parted ways" with Trish Regan, a prime time host who gained notoriety for suggesting on her March 9 show that the COVID-19 coronavirus was a politically motivated "scam." The decision "took some journalists and anchors at the network
Read more »
Fox News says technical difficulties were responsible for Jeanine Pirro show that raised eyebrowsFox News says technical difficulties were responsible for an eyebrow-raising 'Justice with Judge Jeanine,' but viewers thought something else.
Read more »