Fox's Earnings Preview: Rising Programming Costs And Softer Ratings May Weigh Over Q2FY15 Earnings

Rising programming costs could continue to put pressure on the cable networks. Fox has been investing in new shows and adding sports programming at Star Sports and Fox Sports 1. The new programming is adding to the costs of company and in the previous quarter it led to a 14% jump in operating expenses. Fox News continued to dominate at the top spot for thirteen years in a row and it was up 2% in primetime viewership for 2014. However, the ratings plunged towards end of the quarter amid a dispute...