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Fox Corp
Fox Corporation announced that Adam Ciongoli will step down as Chief Legal and Policy Officer effective December 1, 2026, and transition to a special advisor role for 18 months. Nicholas Trutanich, currently Executive Vice President and Principal Deputy General Counsel, has been appointed as the new General Counsel. Ciongoli will receive a separation payment and $12,595,784 for the cancellation of equity awards, along with $2,625,000 in consulting fees over the 18-month advisory term.…more
Fox Corp
Fox Corporation approved the issuance of its Class A common stock for the acquisition of Roku at a special meeting of shareholders held on October 14, 2026. The proposal was passed with 99.9% approval from holders of the company's Class B common stock, marking a key step in the merger process.…more
Fox Corp
Fox Corporation has voluntarily supplemented its joint proxy statement and prospectus in response to a shareholder class action lawsuit regarding its proposed merger with Roku. The update discloses that Fox will pay its financial advisor, Morgan Stanley, an aggregate fee of $30 million, along with details on Morgan Stanley's equity interests in both companies. The special meetings for Fox and Roku stockholders to vote on the merger are scheduled for October 14, 2026.…more
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Former White House press secretary Karoline Leavitt joins Fox News as contributor…more
Former White House press secretary Karoline Leavitt has joined Fox News as a contributor. This move is expected to strengthen the media outlet's political commentary and influence.…more
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Prominent anchor Maria Bartiromo is reportedly leaving Fox News and Fox Business. Investors are monitoring how these personnel changes will impact the media group's future strategic direction.…more
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Court documents and video footage reveal that Rupert Murdoch is considering a potential re-merger of Fox Corp and News Corp. Investors are now monitoring how this consolidation might impact corporate value and future strategic direction.…more
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