Gains in Affiliate Fees Power Fox Corp. Earnings

Gains in affiliate fees and retransmission consent revenue drove Fox Corp.’s fiscal fourth quarter earnings, despite a downturn in advertising revenue and subscriber losses. Fox Corp. on Wednesday reported revenue of $2.51 billion, up 5% from the year-ago quarter and pre-tax income of $656 million. Adjusted earnings per share came in at 62 cents a [...]The cast of the “Beverly Hills 90210” revival took the stage at the Television Critics Association summer press tour on Wednesday.

]Walt Disney’s ABC secured new ad dollars for its next primetime schedule, the latest broadcast TV network to benefit from a renewed emphasis on the medium by Madison Avenue. Advertisers increased their commitments for new commercials between 5% and 10% for programs such as “The Bachelor,” “Dancing With The Stars” and the final season of [...

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