Fox Corporation

- No mention of any current or planned new fundraising through debt or equity in the transcript. - The company ended the quarter with approximately $3.6 billion in cash and $6.6 billion in debt, indicating a strong balance sheet. - Steve Tomsic noted thoughtful deployment of capital with investments pacing better year-to-date than the prior year. - There is no indication of plans for surprise or additional capital raising for fiscal ’27. - The company focuses on using free cash flow and existing balance sheet capacity to support investments and capital allocation like share buybacks. - Lachlan Murdoch emphasized a disciplined approach to investments but did not mention new debt or equity fundraising.

- Fox Corporation is making moderate net digital investments, primarily through Tubi and FOX One. - Investment in Tubi involves launch costs, marketing, and technology expenses, which are expected to reduce as Tubi continues to grow. - Digital investments overall are modest, with the company being thoughtful in capital deployment. - Fiscal year-to-date, the company is pacing better on investments compared to the prior year. - Full-year investments in digital are expected to be comfortably within or below the previous year’s level of approximately $290 million, indicating no significant surprises anticipated for fiscal ’27. - Fox is open to further investments if opportunities arise but is currently satisfied with the level of investment. - No specific large-scale future capital expenditure or strategic investment announcements were made, focusing instead on incremental digital growth and maintaining a disciplined capital approach.

- Fox News shows strong year-on-year advertising growth, driven by record ratings and expanded advertiser base; added 200 new premium advertisers in fiscal ’26, topping 500 new advertisers over two years. - National pricing (CPMs) for Fox News up over 45%, with significant upside potential to narrow gap versus broadcast competitors. - FOX One's subscriber additions are additive and churn lower than expected; strong viewership in news and sports content. - Cable distribution revenue grew 5% in Q3, with stabilized subscriber declines below 6.5%, excluding FOX One. - Digital investments focused on Tubi and FOX One; Tubi reached breakeven for 3 consecutive quarters and revenue grew 23% in Q3 with 19% increase in engagement. - Advertising revenue poised for double-digit growth excluding Super Bowl effects; political ad market expected to hit midterm record (~$11B). - FIFA World Cup coverage will boost FOX One and Tubi engagement, supporting brand and revenue growth. - Overall, expect continued revenue growth driven by distribution, advertising, digital expansion, and major sports events.

- Fox Corporation expects continued strong financial performance supported by momentum across advertising and distribution revenue growth. - Adjusted net income rose 20% year-on-year to $570 million and adjusted EPS increased 20% to $1.32 in Q3 FY26. - Advertising revenue, excluding last year's Super Bowl impact, showed double-digit growth, with FOX News achieving its highest third-quarter ad revenue ever. - Distribution revenue grew 3%, driven by Cable segment growth and FOX One subscriber additions. - FOX News national pricing and CPMs rose over 45%, indicating pricing power with upside potential to narrow gaps with broadcast competitors. - FOX One and Tubi digital investments are progressing, with Tubi nearing breakeven for three consecutive quarters. - Fiscal '26 investments are paced within $290 million, similar to last year, with cautious but opportunistic capital deployment planned in fiscal '27. - Political advertising and major sporting events like the World Cup are expected to drive incremental revenue and profits in upcoming quarters.

The earnings call transcript on page 7 and surrounding pages does not provide explicit details on current or expected orderbook or pending orders for Fox Corporation. Instead, the discussion focuses on: - Strong advertising client acquisition: Over 200 new premium advertising clients added in fiscal 2026, on top of 350 new clients in fiscal 2025. - Positive advertising revenue trends, especially at FOX News with a 45%+ increase in CPMs. - Continued investment in digital platforms like Tubi and FOX One, with Tubi achieving breakeven for three quarters. - No mention of specific orderbook or pending contracts in the transcript. Therefore, no direct details on orderbook or pending orders are available in this earnings call.