Connect with us

Hi, what are you looking for?

Jewish Business News


Twenty-First Century Fox Tops Earnings as Blockbuster Films Offset Decline in TV Viewers


Twenty-First Century Fox reported a three cent earnings beat, and surpassed Wall Street revenue estimates by $1.64 billion. The stock rose 1.11% after hours. The results were strong despite a weakness in cable viewership, with Twentieth Century Fox strongly dependent on cable ad revenues. Fox’s strength was mainly in its films, such as “X-Men: Days of Future Past, ” “The Fault in Our Stars, ” “Dawn of the Planet of the Apes.” The sleeper hit, “Gone Girl” was released at the back end of the quarter. According to International Business Times, Twentieth Century Fox has 20 of the top grossing movies for 2014.

However, the challenge continues to be TV and declining viewership. Even though Fox news has strong ratings compared to CNN and CNBC, there is a general falloff in viewers. It seems that, at least for the time being, Fox’s movie business is offsetting weakness in television.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.