Fox revenue jumps 5% on strong advertising demand
Entertainment
Fox said Thursday that revenue jumped nearly 5% in its most recent quarter thanks to strong advertising demand across its business. In its fiscal first quarter, revenue rose 4.9% to $3.74 billion – beating Wall Street estimates of $3.57 billion. Advertising revenues soared 6% for the three months ended Sept. 30. Fox’s Tubi streaming service, news division and NFL offerings were some of the top players bringing in ad dollars. Revenue for Fox’s cable business, which includes Fox News, Fox
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