While reporting its "highest cable earnings ever," Twenty-First Century Fox posted mixed fiscal third-quarter results, missing Wall Street's income projections but exceeding its revenue target. Strong growth in the cable division wasn't enough to offset shrinking TV network advertising revenue, according to Fox, which is in the process of selling its film and TV assets...
While reporting its "highest cable earnings ever," Twenty-First Century Fox posted mixed fiscal third-quarter results, missing Wall Street's income projections but exceeding its revenue target. Strong growth in the cable division wasn't enough to offset shrinking TV network advertising revenue, according to Fox, which is in the process of selling its film and TV assets...
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