NWSLV News: Fox Earnings Jump on Record Political Advertising; Stock Rallies - 5th Nov 2024, 1:38am

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Fox’s profit doubled last quarter, as surging political advertising on its television networks ahead of Tuesday’s presidential election helped boost revenue more than Wall Street expected. The broadcaster said advertising revenue rose 11% compared with last year, aided by political advertising and growth at Tubi, its free streaming service.

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