As a seasoned moviegoer with decades of experience under my belt, I can’t help but feel a sense of nostalgia and admiration when I see the success story that is Fox Corp. The name Murdoch has always been synonymous with media empire-building, and it seems the torch has been passed to Lachlan with great success.
The initial quarter of Fox Corporation’s fiscal year saw improved outcomes, thanks to an increase in advertising income linked to the upcoming 2024 presidential election and the summer season packed with soccer broadcasts.
The owner of the Fox broadcast network, Fox Sports and Fox News Media said net income attributable to Fox Corporation stockholders came to $827 million, or $1.78 per share in the period, compared to $407 million, or 82 cents a share in the year-earlier quarter. Revenue rose 11%, or $357 million, to $3.56 billion, compared with nearly $3.21 billion a year earlier.
Lachlan Murdoch, head of Fox Corporation, pointed out several key aspects such as increased viewer numbers at Fox News, high political ad sales throughout the company, increasing revenue at Tubi, and a promising start to our autumn sports season.
More to come….
Read More
- PENDLE PREDICTION. PENDLE cryptocurrency
- W PREDICTION. W cryptocurrency
- AAVE PREDICTION. AAVE cryptocurrency
- EUR AUD PREDICTION
- POPCAT PREDICTION. POPCAT cryptocurrency
- League of Legends: A Record-Breaking Start to Worlds 2024 Play-Ins
- UNI PREDICTION. UNI cryptocurrency
- Brent Oil Forecast
- VSC PREDICTION. VSC cryptocurrency
- ‘Juror No. 2’ Could Be Clint Eastwood’s Last Film — So Why Is Warner Bros. Burying It?
2024-11-04 16:16