business / news / / The Sunday Times
Fox Corp beat Wall Street estimates for third-quarter revenue on Monday.
Fox Corporation's quarterly revenue was $3.99 billion, surpassing analyst estimates despite declining year-on-year.
KEY POINTS
- Tubi's ad-supported streaming growth significantly offset declines from missing Super Bowl LIX broadcast revenue.
- Cable network advertising revenue grew 5% due to increased news pricing and the World Baseball Classic broadcast.
- Fox Corporation announced a $1.5 billion share buyback alongside its earnings report.
COMPANIES
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