Brian Steinberg Senior TV EditorFox Corporation said profit fell in its fiscal second quarter despite revenue gains that were fueled by political advertising at its local stations and digital advertising at its large Fox News Media unit.The owner of Fox News Channel, Fox Sports and the Fox broadcast network said net income attributable to shareholders came to $224 million, or 37 cents per share, compared with $300 million, or 48 cents per share in the year-earlier period.
Fox said the decline in profit was largely due to a revenue decline in its operations that are separate from its main media operations, citing a gain in the year-earlier quarter.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.