12 Best News and Digital Media Stocks To Buy

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9. Fox Corporation (NASDAQ:FOX)

Number of Hedge Fund Holders: 32

Fox Corporation (NASDAQ:FOX) is a news, entertainment, and sports company. Its Cable Network Programming segment licenses and produces news and sports content through various traditional and digital platforms in the US. The company also produces, acquires, markets, and distributes programming through its Television segment via the FOX broadcast network and other platforms. The FOX Studio Lot offers film and television production services, studio operation services, office space, and other facility operations.

The company’s fiscal Q1 2025 earnings saw an EBITDA of over $1 billion, up 21%. This growth was attributed to its sustained revenue growth, which reached 11% in the quarter. Fox Networks reached over 145 million people in October alone. The total news audience grew more than 40% year-over-year in fiscal Q1 2025, making the FOX News Channel the second most-watched network on weekday television for the quarter. FOX News reported similar popularity, ending fiscal Q1 2025 as the most-watched cable network in prime time and in total days.

Fox Corporation (NASDAQ:FOX) also reported substantial advertising revenues, which experienced 11% year-over-year growth. This growth was attributed to political advertising at the stations, strong audience growth at FOX News Media, and continued momentum at Tubi, its streaming television platform. The company takes the seventh spot on our list of the 12 best news and digital media stocks to buy.

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