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Fox Corporation and Comcast Announce Long-Term Distribution Agreement

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Fox Corporation and Comcast Announce Long-Term Distribution Agreement Fox Corporation and Comcast Announce Long-term Distribution Agreement April 1, 2020 Los Angeles, CA and Philadelphia, PA – April 1, 2020 – Fox Corporation (Nasdaq: FOXA, FOX) and Comcast Corporation (Nasdaq: CMCSA) today announced a long-term renewal of their distribution agreement for FOX’s full portfolio of channels, including retransmission consent for the FOX Television Stations to Xfinity customers. Michael Biard, President of Operations and Distribution for FOX commented, “We are pleased to extend our longstanding and productive partnership with Comcast so that millions of Xfinity customers will continue to enjoy FOX’s leading sports, entertainment and news programming for years to come.” Rebecca Heap, Senior Vice President of Video and Entertainment for Comcast Cable said, “We are pleased to have reached this multi-year agreement with FOX to continue to deliver its array of content across our platforms for Xfinity TV customers.” The renewal covers distribution of the FOX Television Stations, FOX News Channel, FOX Business, FS1, FS2, BTN, and FOX Deportes. In addition, the agreement includes video-on-demand and TV Everywhere rights for those networks, enabling Xfinity customers to watch a wide array of FOX programming, live and on-demand, through the Xfinity Stream, FOX NOW, FOX Sports and FOX News apps with state-of-the-art dynamic advertising. About Fox Corporation Fox Corporation produces and distributes compelling news, sports and entertainment content through its iconic domestic brands including: FOX News Media, FOX Sports, FOX Entertainment, and FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships and create more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that will shape our strategy to capitalize on current strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe’s leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high- speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information. Press Contacts: FOX Megan Klein [email protected] Comcast John Demming [email protected].
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