04-08-2016 00:25 via rocketnews.com

Fox profit beats estimates with help from news

By Lisa Richwine
(Reuters) – Twenty-First Century Fox Inc reported quarterly profit that narrowly beat Wall Street estimates on Wednesday as top executives sought to quell investor concern over the future of Fox News Channel following the departure of long-time leader Roger Ailes.
“Throughout this process, we have moved quickly and decisively to protect the business, protect its employees and protect the unique and important voice Fox News has,” Co-Executive Chairman Lachlan Mu
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