Get the latest gossip
Fox Sees Ad Dip But Profit Soars From Year Earlier Quarter Hit By Fox News-Dominion Settlement
Fox sales were squeezed by softer advertising in the March quarter but profits jumped on easier comps with a big legal settlement the year before.
Fox Corp. saw revenue dip for its fiscal third quarter as advertising slid on tough comps with the Super Bowl broadcast the year earlier. “The strength and leadership of our core brands, coupled with our focus on live content and must have event programming, is clearly valued by our audiences, advertisers and distribution partners. The consistent financial delivery from this strategy supports our investments in innovation which are driving momentum in our digital portfolio, led by Tubi.
Or read this on Deadline