Fox Corp Class B
FOX: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$62.00 | Qzqgl | Hwgzccjh |
Fox Is Outperforming the Industry Within the Pay-TV Bundle, but Challenges Lurk as Industry Evolves
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.