Fox (FOXA) reveals a groundbreaking partnership with the legendary filmmaker Martin Scorsese, embarking on an eight-part series named Martin Scorsese Presents: THE SAINTS. Scheduled for its premiere in November 2024, this docudrama is set to unveil the riveting tales of eight remarkable individuals who epitomized faith through their extraordinary deeds.
The brainchild of Matti Leshem and crafted by Scorsese under the umbrella of Lionsgate Alternative Television, Martin Scorsese Presents: THE SAINTS will be scripted by Kent Jones and helmed by Elizabeth Chomko. The series will unfold in two segments, with the initial four episodes gracing screens on Nov 16, 2024, and the remaining installments concluding by May 2025.
Each segment of the docudrama will shine a spotlight on a distinct saint, such as Joan of Arc, Francis of Assisi, and Mary Magdalene, illuminating their exceptional displays of kindness, altruism, and sacrifice. Scorsese’s narrative traverses over 2,000 years of history, spanning the globe from one continent to another.
Martin Scorsese, renowned for his directorial prowess in acclaimed films like The Departed, The Wolf of Wall Street, and The Irishman, brings his cinematic acumen to this docudrama. With a prolific career spanning decades, Scorsese has also etched his name in the realm of documentaries with creations like No Direction Home: Bob Dylan and George Harrison: Living in the Material World.
Fox Corporation Price and Consensus
Fox Corporation price-consensus-chart | Fox Corporation Quote
Fox Nation’s Recent Shows Fuel Top-Line Growth
Fox Nation rolled out a series of recent shows that are anticipated to have attracted a sizable audience to the platform. Titles like Prisoner of Putin, Menendez Brothers: Victims or Villains, and Crime Cam 24/7 are projected to bolster revenue in the upcoming quarters.
The Zacks Consensus Estimate for FOXA’s fiscal 2024 revenues stands at $14.04 billion, indicating a modest year-over-year decline of 5.87%. Earnings-wise, the consensus estimate is $3.28 per share, reflecting a decrease of 6.55% year over year.
FOX Nation is geared up to introduce a fresh program named Prisoner of Putin on Mar 28, just before the one-year anniversary of Wall Street Journal’s journalist Evan Gershkovich’s detainment in Russia. The special program will delve into Gershkovich’s journey over the past year, highlighting his valor and resilience during this tumultuous period.
Furthermore, FOX Nation is all set to premiere a unique four-part docuseries titled Menendez Brothers: Victims or Villains on Mar 25. The series will feature exclusive recordings from Lyle Menendez in prison, along with interviews with their attorney Mark Geragos and the case prosecutor Pamela Bozanich.
Adding to the lineup, FOX Nation is bringing back the fan-favorite Crime Cam 24/7 for a second season, hosted by former Tulsa police officer Sean “Sticks” Larkin from Live PD, with new episodes hitting screens every Friday starting Mar 29.
This Zacks Rank #3 (Hold) company’s shares have surged 5.1% year to date, surpassing the Consumer & Discretionary sector’s 2.4% uptick during the same period. This increase follows its recent alliance with EchoStar’s SATS DISH Network and SLING TV.
Starting mid-March, DISH Network subscribers were provided the opportunity to subscribe to FOX Nation for $5.99 per month. Following subscription, users could access FOX Nation on channel 296 through the On Demand menu or the DISH Anywhere app. Similarly, SLING TV users were granted the same access to FOX Nation for $5.99 per month, extending the offer to regular SLING TV subscribers and Sling Freestream users.
FOXA faces stern competition from industry giants like Netflix (NFLX) and Amazon (AMZN).
While Netflix reigns as a key player in the streaming domain, celebrated for its industry dominance, Amazon Prime emerges as a major contender in online streaming. Both platforms are gearing up to introduce compelling new titles aimed at captivating audiences and boosting viewership across the digital landscape.