SEC Comment Letter 0000000000-24-002935 to Fox Corp (FOX, FOXA) (CIK 0001754301) (FOX)
Fox Corp (FOX, FOXA) (CIK 0001754301)
Date: March 18, 2024 · CIK: 0001754301 · Accession: 0000000000-24-002935
AI Filing Summary & Sentiment
File numbers found in text: 001-38776
Show Raw Text
United States securities and exchange commission logo
March 18, 2024
Steven Tomsic
Chief Financial Officer
Fox Corp
1211 Avenue of the Americas
New York, New York 10036
Re:Fox Corp
Form 10-K for the Fiscal Year Ended June 30, 2023
File No. 001-38776
Dear Steven Tomsic:
We have reviewed your March 8, 2024 response to our comment letter and have the
following comments.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our February 27,
2024 letter.
Form 10-K for the fiscal year ended June 30, 2023
Notes to Consolidated Financial Statements
Note 17. Segment Information, page 101
1.We note your response to our prior comment two which indicates the financial
information reviewed by the CODM contains income statement results for Cable Network
Programming, Television, FOX Studio Lot and Credible. Please describe any other
disaggregated financial information the CODM receives, the frequency it is provided, and
how it is used by the CODM. In your response, specifically tell us what financial
information the CODM receives about the business units, if any. Finally, tell us what
disaggregated financial information is provided to the Board of Directors.
Note 20. Additional Financial Information, page 105
2.We note your response to our prior comment three. Please tell us whether you will
clearly identify operating and non-operating expenses on the face of your income
FirstName LastNameSteven Tomsic
Comapany NameFox Corp
March 18, 2024 Page 2
FirstName LastName
Steven Tomsic
Fox Corp
March 18, 2024
Page 2
statement. Also, confirm whether you will quantify each material item that will be
included in "Restructuring, impairment and other corporate matters" in the notes to your
consolidated financial statements.
Please contact Inessa Kessman at 202-551-3371 or Robert Littlepage at 202-551-3361 if
you have questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Technology