FOX India Hiring Top Talent to Build Media Technology Innovation Hub | Business

BANGALORE, India, Dec. 1, 2021 /PRNewswire/ — Fox Corporation (Nasdaq: FOXA, FOX) (”FOX” or the ”Company”) continues to increase digital talent across its brands with the announcement of its recently established technology presence in India.

The newly formed FOX India entity is the latest investment by the FOX Tech team to attract, hire and prime the Company with the best talent in the industry to develop the future of news, sports and entertainment. Essentially, FOX Tech is going to where the talent is.

Paul Cheesbrough, FOX’s Chief Technology Officer and President of Digital, commented, ”Access to state-of-the art resources and platforms combined with the opportunity to work on some of the highest profile, largest scale streaming events in the world means that we offer the chance to work on some of the most interesting technology challenges with the smartest builders and operators in the business.” India has long been known as a hub for technology innovation, and investment in the region will propel the strong growth trajectory of FOX’s current and future digital offerings as well as its technology-first approach. FOX is leading in low latency 4k high resolution streaming and innovating in the rapidly evolving gaming, social, NFT and blockchain sectors.

Varun Narang, Chief Product Officer for FOX, added: ”At FOX, we provide employees with the culture of a start-up, offering each team member the opportunity to make a difference in defining what’s next for FOX Tech.” FOX builds products that deliver content to millions of digital consumers across all its verticals. The digital team delivers the best user experience for large scale events such as FIFA World Cup Qatar 2022™ and Super Bowl in 2023.

Current positions at FOX India are remote, with expected hybrid work arrangements to follow. For more information, visit: https://tech.fox.com.

About Fox Corporation Fox Corporation produces and distributes compelling news, sports, and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations, and leading AVOD service Tubi. 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 shapes our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS This press release contains ”forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as ”may,” ”will,” ”should,” ”likely,” ”anticipates,” ”expects,” ”intends,” ”plans,” ”projects,” ”believes,” ”estimates,” ”outlook” and similar expressions are used to identify these forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements in this press release due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of the Company’s businesses, including the impact of COVID-19 and other widespread health emergencies or pandemics and measures to contain their spread. More detailed information about these factors is contained in the documents the Company has filed with or furnished to the Securities and Exchange Commission (the ”SEC”), including the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2021 filed with the SEC on August 10, 2021, and subsequent Quarterly Reports on Form 10-Q.

Statements in this press release speak only as of the date they were made, and the Company undertakes no duty to update or release any revisions to any forward-looking statement made in this press release or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events or to conform such statements to actual results or changes in the Company’s expectations, except as required by law.

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