Fox Television Stations, also known as FTS, is a privately owned entity headquartered in the US and a subsidiary of Fox Corporation. Founded in 1986, the company operates with approximately 1200 employees and reported $9.3B in revenue as of 2025. Functioning primarily in broadcast television and radio, the company operates a group of television stations across the United States. It owns and operates LiveNOW from Fox, Fox Local, and Fox Soul, and oversees the MyNetworkTV programming service. Additionally, it holds a half-interest in the Movies! digital sub-channel network, which is shared with Weigel Broadcasting.
Fox Corporation is embarking on a strategic media reinvention to redefine its business model and strengthen its competitive position amid evolving consumer viewing habits and the advent of digital streaming platforms. This development follows Roku's announcement on August 7, 2026, of a record quarterly profit in the second quarter of 2026, with revenue rising 22% to $1.35 billion, exceeding Wall Street expectations, ahead of its planned acquisition by Fox Corp. Earlier that day, Morgan Stanley raised its outlook for Fox Corporation, noting the company concluded its fiscal 2026 with fourth-quarter revenue of $4.2 billion and record earnings before interest, taxes, depreciation, and amortization of $1.2 billion, with the FIFA World Cup generating profits and boosting advertising revenue across platforms including Tubi and Fox One. Previously, on August 6, Roku's shares surged after it reported second-quarter results that topped Wall Street’s revenue and earnings estimates, though the company skipped forward guidance due to its pending acquisition by Fox Corporation. Also on August 6, Fox declared a semi-annual dividend of $0.29 per share, a 3.6% increase from the prior $0.28 dividend, payable on September 23 to shareholders of record on September 2.
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Fox Television Stations offers 31 products in the media and telecoms services industry. Fox Television Stations's product portfolio comprises of broadcast television and radio and media and TV services.
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Fox Television Stations's revenues were over $1B in 2025. Caretta Research has split Fox Television Stations's revenue into 4 different product categories, the largest of which is local broadcaster advertising. For full access to Fox Television Stations's revenue breakdown subscribe to Caretta Portal.
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