Fox Corporation

Fox Corporation is an American company based in New York City that focuses on news, sports, and entertainment. It operates through three main segments: Cable Network Programming, Television, and Other, Corporate and Eliminations. The Cable Network Programming segment includes prominent channels such as FOX News, FOX Business, and various sports networks like FS1, FS2, and FOX Deportes, providing a diverse range of content primarily through cable and online platforms. In the Television segment, the company manages the FOX Network, which airs both sports and entertainment programming, as well as MyNetworkTV and a production studio for unscripted content. Additionally, Fox Corporation owns Tubi, a free streaming service, and 29 broadcast television stations. The Other segment oversees FOX Studios in Los Angeles, which offers extensive production and post-production facilities. Established in 2018, Fox Corporation emerged from the acquisition of 21st Century Fox by The Walt Disney Company and was subsequently spun off as a standalone entity.

Michael Mulvihill

President of Insights and Analytics, Fox Sports

4 past transactions

OutKick

Acquisition in 2021
Operator of a digital media platform intended to offer sports, opinion, politics, and pop culture content. The company's platform offers content across its radio, podcasts and online and social outlets and is also a source of sports wagering information, thereby providing users with compelling content.

Caffeine

Series D in 2020
Caffeine Inc. operates a live social broadcasting and streaming platform that focuses on gaming and entertainment. Founded in 2016 and based in Redwood City, California, Caffeine allows users to create and broadcast interactive content, including esports and various forms of entertainment. The platform emphasizes real-time engagement, enabling viewers to watch, chat, and share experiences without delays. Caffeine collaborates with major partners like FOX Sports, ESPN, and Riot Games to offer diverse content that appeals to a wide audience. Additionally, the company maintains a zero-tolerance policy against bullying, hate speech, and racism, fostering a positive environment for its users. Through its platform, Caffeine aims to simplify the creation and distribution of live content while enabling users to monetize their streams and engage with a community of fans across culture, sports, and music.

Betfair

Post in 2020
Betfair Group plc is a prominent online gambling operator based in the United Kingdom, offering a diverse range of sports betting and gaming products both domestically and internationally. The company operates through its Betting Exchange, which allows users to bet against each other on outcomes at prices they set, and a fixed-odds Sportsbook where customers bet directly against Betfair. In addition to these core offerings, Betfair provides various gaming options, including casino games, poker, bingo, and online horseracing betting services. Established in 1999 and headquartered in London, Betfair also engages in activities such as publishing, intellectual property licensing, and data center operations. As of 2016, it operates as a subsidiary of Flutter Entertainment, which encompasses several well-known brands in the sports betting and gaming sector.

Tubi

Acquisition in 2020
Tubi, Inc. operates a free ad-supported streaming service that offers a wide selection of over 12,000 movies and television shows from major Hollywood studios. The platform is designed to provide users with easy access to on-demand content without subscription fees or credit card requirements. Tubi's service is available in the United States and Canada and can be accessed via various devices, including smart TVs, gaming consoles, and mobile applications. The company also develops video-on-demand applications for content owners, enabling them to monetize their offerings through targeted advertisements. Incorporated in 2009 and based in San Francisco, California, Tubi has established itself as a leader in the ad-supported streaming market, providing viewers with a convenient way to discover and enjoy a diverse array of entertainment.
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