Fox Corp. reported its fiscal fourth quarter earnings on Wednesday, showing a healthy net income of $666 million for the January-March period, thanks to higher carriage fees and lower costs .Because Fox is largely a broadcast network and a collection of cable channels, it offers a clear picture into the relative state of each and what that means for the broader entertainment ecosystem.
The company raised affiliate fees, which allowed it to keep that revenue steady, but as cord-cutting accelerates that may not be sustainable in the long term.Fox’s free, ad-supported streaming service Tubi continues to grow. It now boasts approximately 80 million monthly active users. Fox continues not to share any details on its revenue or profitability, which likely indicates that Tubi is not yet profitable.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Apple Earnings Preview: Low Bar Could Set the Stage for Post-Earnings RallyStocks Analysis by Investing.com (David Wagner) covering: Apple Inc, Tesla Inc. Read Investing.com (David Wagner)'s latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »
Earnings playbook: Beware of these stocks reporting soon where analysts are slashing their earnings expectationsThese names have seen big drops in what analysts expect them to report for earnings.
Fuente: CNBC - 🏆 12. / 72 Leer más »
Rihanna Net Worth 2024: Fenty Beauty Earnings, 'Black Panther 2' EarningsRihanna's net worth in 2024 reveals her 'Black Panther 2' salary and how much she makes from Fenty Beauty, Savage x Fenty and her music career.
Fuente: StyleCaster - 🏆 104. / 63 Leer más »
What is Earnings Season & What to Look for in Earnings Reports?Learn about earnings season and when it occurs, what to look for in earnings reports, and top tips for trading the period.
Fuente: DailyFX - 🏆 305. / 63 Leer más »
Q1 S&P 500 Earnings: Another Normal Earnings Season in the Offing?Stocks Analysis by Brian Gilmartin covering: S&P 500, Intuitive Surgical Inc, Johnson & Johnson, Abbott Laboratories. Read Brian Gilmartin's latest article on Investing.com
Fuente: Investingcom - 🏆 450. / 53 Leer más »