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World Cup

Entertainment

Fox Corp. Sees Q1 Profit Hike on World Cup, Political Ads

Fox Corporation said profit in its fiscal first quarter was bolstered by advertising revenue tied to its multi-week telecast of the FIFA World Cup as well as increases in political ads and in the number of subscribers to its TV networks — dynamics that many traditional media corporations are hard-pressed to duplicate in the streaming […]

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Entertainment

TelevisaUnivision Q3 Buoyed by World Cup in Mexico, Streaming Revenue

Spanish-language broadcasting giant TelevisaUnivision said third-quarter revenue was boosted by telecasts of the FIFA World Cup in Mexico and Latin America and continued improvements at its ViX streaming service. Indeed, the World Cup had a significant effect on the company’s third-quarter financials, with revenue from subscriptions and licensing revenue up 30% to $640 million, driven […]

Topic: World Cup | RocksNews