21st Century Fox Inc. posted a 27% increase in profit for the most recent quarter, driven by stronger advertising and affiliate fees at its broadcast and cable-television segments. The company, which owns the Fox television network, cable channels such as Fox News and the Twentieth Century Fox movie and television studios, reported net income of $856 million, or 46 cents a share, up from $672 million, or 34 cents, a year earlier,...

Source: Wall Street Journal February 06, 2017 21:33 UTC