Jill Goldsmith Co-Business EditorFox Corp. Tuesday reported total sales of $2.42 billion last quarter, in line with expectations, down slightly (4%) from a year ago but off $1 billion from the previous three months as COVID-19 hit advertising.The company that owns Fox News, Fox Sports, Fox Entertainment, and the Fox Television Stations had warned a major squeeze was coming with stations expected to be down 50%.Net income for the quarter decreased to $145 million from $165 million from the prior year quarter to to higher impariment and restructuring charges.Excluding items, Fox Corporation reported adjusted earnings of $375 million or $0.62 per share for the period.
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