Advertising ExposureFox has the least exposure to entertainment advertising given their asset mix, which is biased towards sports and news.
Earnings AccelerationFox is now set up to accelerate earnings due to an improving advertising backdrop which should benefit from the Presidential election cycle, continued momentum at Tubi, the Super Bowl, and strength in Live News and Sports including major soccer events.
ValuationFox appears attractive trading at approximately 6x EV/EBITDA, well below other media and entertainment peers, which should provide downside protection to shares.