Related Party Transactions

12 Months Ended

Jun. 30, 2018

NOTE 15. RELATED PARTY TRANSACTIONS

Related Party Transactions

In the ordinary course of business, the Company enters into transactions with related parties to purchase and/or sell advertising and administrative services. The Company has also previously entered into transactions with related parties to sell certain broadcast rights. The following table sets forth the net revenue from related parties included in the Statements of Operations:


	For the fiscal years ended June 30,
	2018		2017		2016
	(in millions)
Related party revenue, net of expense^(a)	$	240	$	307	$	319

^(a)	Related party revenue, net of expenses, includes nine months of affiliate fees earned by FOX SPORTS Australia from Foxtel.

The following table sets forth the amount of receivables due from and payable to related parties outstanding on the Balance Sheets:


	As of June 30,
	2018		2017
	(in millions)
Accounts receivable from related parties	$	32	$	92
Notes receivable from related parties		—		370
Accounts payable to related parties		17		13