Tubi, Fox News Ratings Driving Fox Corp. Growth
Advertising and affiliate revenue growth led to an overall 7% year-over-year revenue jump at Fox Corp. to $3.46 billion, it announced Tuesday in its latest quarterly results. CEO Lachlan Murdoch said in a call with analysts cable advertising was up…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
20%, driven by Fox News' increased ratings, while streaming service Tubi drove a 6% TV ad growth. He said the subscription base for the Fox Nation streaming service had more than tripled over the past 18 months and retention rates were above industry averages.