Twenty-First Century profit beats Wall Street, but costs a concern

Twenty-First Century Fox Inc reported better-than-expected quarterly profit on Wednesday, but higher sports programming and film marketing costs held back gains, and the media company's shares fell more than 4 percent after-hours. Executives also sought to quell concerns 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 an