05-05-2016 00:41 via news.yahoo.com

Cable, 'Deadpool' help Fox earnings meet forecasts

(Reuters) - Twenty-First Century Fox Inc reported quarterly earnings in line with Wall Street expectations as the company's cable channels brought in higher affiliate fees and ad revenue while its movie studio turned out blockbuster film "Deadpool." Fox, owner of cable networks Fox News Channel and FX, reported a better-than-expected 5.7 percent rise in adjusted revenue for the quarter that ended in March. Excluding items, the company earned 47 cents per share, in line with projections from anal
Read more »