Lachlan Murdoch Sees Momentum Building At Fox News & Stations As Political Cycle Heats Up
FOXAFox(FOXA) Deadline·2024-08-06 20:37

Fox CEO Lachlan Murdoch noted reinvigorated ratings and share growth at Fox News last quarter and said the company is looking at major momentum at the cable news network and at Fox TV stations heading into a heated election cycle. Fox this morning posted a mixed fiscal fourth quarter with total sales of $3.09 billion for the three months ended in June, up 2% from the year before and about in line with Wall Street estimates. Ad revenue was flat as Fox said gains at Fox Sports and Tubi were offset by a dip ...