Advanced Television

Lachlan K. Murdoch

Fox profits dip

Fox Corporation has reported financial results for the three months ended September 30th. The company reported total quarterly revenues of $3.21 billion as compared to the $3.19 billion reported in the prior year quarter. Affiliate fee revenues increased 2 per cent, driven by 8 per cent growth at the Television segment. Advertising revenues decreased 2 per […]

November 2, 2023

Murdoch backs down on News Corp, Fox merger

News Corporation has announced that the Company’s Board of Directors received a letter from Rupert Murdoch withdrawing the proposal to explore a potential combination of News Corp and Fox Corporation. Fox was spun off after the 2017 Disney acquisition of Murdoch’s 21st Century Fox. In withdrawing the proposal, Murdoch indicated that he and Lachlan K. […]

January 25, 2023By Colin Mann