Jun 9, 2023, 4:00 PM EDT
Fox's revenue rises amid increased advertising sales
Fox Corp., parent of Fox News and the Fox broadcast network, reported higher revenue in the latest quarter, as more original entertainment programming, live sports and growth at its streaming platforms boosted advertising sales.
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Profit rose to $253 million in the June quarter, or 43 cents a share, from $122 million, or 20 cents a share, a year earlier.