Fox Corp Class A
FOXA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$43.00 | Jfjqk | Zwjptpfvf |
Fox Is Outperforming Peers Within the Pay-TV Bundle, but Heavy Reliance on Linear Brings Risk
Business Strategy and Outlook
Fox’s strategy differs from its biggest traditional media peers, and its business has been far more resilient as a result. Although it has outperformed in the past few years, we think its dependence on the traditional pay-TV bundle for nearly all its revenue is problematic over the long term.