NEW YORK - FOX Weather, a free ad-supported streaming television service operated by FOX News Media, has expanded its reach by becoming available to DIRECTV customers starting today, according to a statement by Sharri Berg, president of FOX Weather.
The weather service, which launched in October 2021, will be accessible on channel 363 for DIRECTV subscribers with an Entertainment package or higher. Additionally, it can be streamed via the DIRECTV App for those with an internet-connected set top box. The network also remains available to customers who stream DIRECTV satellite free.
FOX Weather is known for its 24/7 coverage and utilizes a team of 120 meteorologists from FOX News Channel’s news gathering units and FOX Television Stations. The service offers a range of weather-related content, including local, regional, and national reporting, live programming, and uses multiple radar systems to provide forecasting. Their innovative approach includes an immersive mobile 3D radar and coverage on all weather patterns, from immediate to long-term forecasts.
The service is part of a broad distribution network that includes partnerships with platforms such as Samsung (KS:005930) TV Plus, Pluto TV, Verizon (NYSE:VZ) Fios, The Roku (NASDAQ:ROKU) Channel, Fubo, YouTube TV, YouTube.com, Fire TV Channels, Xumo Play, Hulu + Live TV, and others. FOX Weather also simulcasts weekday mornings on FOX Business Network and weekend mornings, as well as on FOX Television Station Diginets in major markets.
The expansion into DIRECTV's offerings is a strategic move for FOX Weather as it aims to grow its audience base and provide its comprehensive weather services to a wider demographic. This partnership marks another step in the service's rapid growth trajectory since its inception. The information about this development is based on a press release statement.
In other recent news, FOX Nation, the on-demand streaming service, is set to premiere a new docuseries, "Truths with Vivek Ramaswamy." The series, hosted by the former Republican presidential candidate and entrepreneur, will delve into a variety of topics fundamental to the American conservative movement. The docuseries is scheduled to air a condensed version on the FOX News Channel the same evening of its release on FOX Nation.
In anticipation of the series debut, FOX Nation will also release "Just Ask: Vivek Ramaswamy," a one-hour forum featuring Ramaswamy answering questions from a Philadelphia audience. The series promises to engage in "provocative dinner table conversations" with a panel including his wife Apoorva Ramaswamy, journalist Matt Taibbi, physicist Steven Koonin, CEO Ben Zimmer, and Rabbi Shmully Hecht.
Ramaswamy, known for his business leadership and best-selling books, has been a vocal figure in political and social discourse. His upcoming book "TRUTHS: The Future of America-First" aligns with the themes of the docuseries. These developments are part of the recent activities of FOX Nation, recognized as one of the fastest-growing brands among Gen Z adults in 2023.
InvestingPro Insights
Amidst FOX Weather's strategic expansion through its availability on DIRECTV, parent company FOX Corporation (NASDAQ: FOXA) presents an interesting profile for investors. With a current market capitalization of $17.28 billion and a Price to Earnings (P/E) ratio of 12.97, FOX stands as a noteworthy player in the media sector. The adjusted P/E ratio for the last twelve months as of Q4 2024 further dips to 11.59, suggesting a potentially undervalued stock relative to near-term earnings growth. This aligns with one of the InvestingPro Tips, indicating that FOX is trading at a low P/E ratio in comparison to its expected earnings growth.
Investors may also take interest in FOX's consistent shareholder-friendly practices. The company has raised its dividend for four consecutive years, with a dividend yield of 1.47% as of late 2024. This is complemented by a dividend growth of 8.0% over the last twelve months as of Q4 2024, showcasing the company's commitment to returning value to its shareholders. Additionally, FOX has been actively engaging in share buybacks, a move that often reflects management's confidence in the company's financial health and future prospects.
Moreover, the company's stock has experienced significant appreciation, with a 37.76% price total return over the last six months and a 27.68% return over the last year as of late 2024. Trading near its 52-week high, with the price at 97.53% of this peak, FOX appears to maintain a robust performance in the market. For investors seeking more insights, there are additional InvestingPro Tips available on the platform, providing a deeper dive into FOX's financial health and market position.
For a detailed analysis that includes these tips and more, investors can visit InvestingPro's dedicated page for FOX at https://www.investing.com/pro/FOXA.
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