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Benzinga
Benzinga
Politics
Chris Katje

World Series, NFL Games, Political Season, World Cup And Super Bowl Could Be Recipe For Success For Fox

Fox NFL World Cup World Series Super Bowl Fox Corp Nasdaq 2022 United States

Leading media company Fox Corp (NASDAQ:FOX) reported quarterly financial results Tuesday. While the results were strong and the stock was up, the best could be yet to come for the company in 2022 and early 2023.

What Happened: Fox reported advertising revenue up 8% year-over-year to $1.22 billion in the first quarter. The company cited strong political advertising revenue in the quarter, something that could continue to be a trend for the current second quarter.

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