Fox Swings To $50 Million Quarterly Loss On Dominion Settlement
The company reacheda legal settlement with Dominion in Aprilfor nearly $800 illion. Affiliate fee revenues increased 3% with 9%. Murdoch will hop on a call with financial analysts shortly. Its been a tumultuous spring for the Fox. A Fox statement acknowledged the Courts rulings finding certain claims about Dominion to be false. The strike now in its second week hit just ahead of upfront presentations is impacting the fall television season....