Fox Corp. posted a strong September quarter including a 12% pop in sales to $3.05 billion, beating Wall Street forecasts and fueled by a 17% uptick in ad revenue, citing continued growth at Tubi, the return of a full schedule of live events at Fox Sports and more scripted programming at Fox Entertainment — all versus last year when the industry was still staggering under Covid.“We have made a strong start to the 2022 fiscal year with broad-based operating momentum led by the return of a full slate of live events at Fox Sports, ratings leadership at Fox News and exceptional progress at Tubi.
As audiences migrate to live news, sports and streaming, it underscores the strategy and priorities that have defined our short history at Fox.
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