After the Murdoch family recently dropped plans to merge Fox with News Corp, the company reported its fiscal second-quarter results.
The 4 percent gain in advertising revenue primarily reflected “the impact of the FIFA Men’s World Cup and strong NFL results at Fox Sports, higher political advertising revenues at the Fox Television Stations and continued growth at Tubi, partially offset by the absence ofAffiliate fee revenues rose 1 percent, led by 6 percent growth at the firm’s television segment.
In the previous quarter, the company had posted a record-shattering midterm elections advertising haul. Fox benefitted from the midterms through its Fox TV stations, which saw record-breaking political ad buys in a number of states, as well as at
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