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NEW YORK/LOS ANGELES - Fox Corporation (NASDAQ:FOXA, FOX) announced Monday that Chief Financial Officer Steve Tomsic will participate in the UBS Global Media and Communications Conference on December 8.
Tomsic is scheduled to speak at approximately 10:30 a.m. Eastern Time (7:30 a.m. Pacific Time), according to a company press release.
Fox Corporation said a live and archived webcast of the presentation will be available on the company’s investor relations website.
The media company operates several major brands including FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment, and FOX Television Stations.
The UBS Global Media and Communications Conference is an annual industry event that typically features executives from leading media and entertainment companies discussing business strategies and market trends.
In other recent news, Fox Corporation has been at the center of several significant developments. The Murdoch family trusts have announced their intention to sell nearly 16.9 million shares of Fox Corporation’s Class B common stock. This decision follows the resolution of legal proceedings related to the Murdoch Family Trust, with Prudence MacLeod, Elisabeth Murdoch, and James Murdoch exiting as beneficiaries. The trusts, benefiting the Murdoch family members, will receive all proceeds from the stock sale, while Fox Corporation will not partake in the sale or receive any proceeds. Additionally, Fox Corporation’s Tubi Media Group has entered a multi-year partnership with Audiochuck, securing exclusive distribution and advertising rights for popular podcasts. This agreement also includes the development of a Crime Junkie FAST Channel for streaming on FOX’s platforms. These developments reflect ongoing strategic moves within Fox Corporation.
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