Murdochs and other Fox Corp. executives cut pay amid coronavirus shutdown [Los Angeles Times (CA)]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
21cf.com/investor-relations
Company Research
Source: Los Angeles Times
Fox Corporation has become the latest media company to slash salaries as the coronavirus has decimated the advertising marketplace. In a memo to employees issued Wednesday, Fox Corp. Executive Chairman Lachlan Murdoch said he and his father Rupert will forgo their salaries through Sept. 30, along with the company’s chief operating officer, John Nallen; chief legal and policy officer, Viet Dinh; and chief policy officer, Steve Tomsic. The Murdochs’ direct reports, which include Fox News Media Chief Executive Suzanne Scott , will take a 50% pay reduction over the same period. Executives at the vice president level or higher will see their salaries reduced 15% from May 1 through July 31. The reductions will impact around 700 employees at the company, which includes its network TV operation, television stations, sports division and Fox News Media. Compensation increases have also been suspended. Lachlan Murdoch also said the company is extending its work-from-home policy — which includes
Show less
Read more
Impact Snapshot
Event Time:
FOX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FOX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FOX alerts
High impacting Fox Corporation - Class B news events
Weekly update
A roundup of the hottest topics
FOX
News
- Fox Corporation Chief Financial Officer Steve Tomsic to Participate in Upcoming UBS Global Media and Communications ConferencePR Newswire
- FOX (NASDAQ:FOX) had its "buy (b+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- FOX (NASDAQ:FOX) had its "buy (b+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- FOX News Media CEO Suzanne Scott participates in fireside chat with University of South Carolina students [FOX News]FOX News
- Disney settles dispute with YouTube TV, allowing ABC and ESPN to return to channel lineups [Los Angeles Times (CA)]Los Angeles Times
FOX
Earnings
- 10/31/25 - Beat
FOX
Analyst Actions
- 10/31/25 - UBS Group AG