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Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads

Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads

News Briefvia Variety

Fox Corporation said profit in its fiscal first quarter was bolstered by advertising revenue tied to its multi-week telecast of the FIFA World Cup as well as increases in political ads and in the number of subscribers to its TV networks — dynamics that many traditional media corporations are hard-pressed to duplicate in the…

Source Variety

This is a summary of a story originally reported by Variety.

Read the full story at Variety

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