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Fox Corp Reports Drop in Ad Revenues

By
Martin Peers
· · Source: The Information

Fox Corp, the Murdoch-controlled company that owns Fox News Channel and the Fox broadcast network, reported Tuesday that ad revenues fell 7% due to the postponement of live sports and other “scripted” programming as a result of the pandemic. Fox became the latest TV company to report a drop in ad revenue in the September quarter, a contrast to the tech firms which last week reported stronger than...

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