FOX Quarterly Results for Q2 2015

(press release) Twenty-First Century Fox, Inc. today reported financial results for the three months ended December 31, 2015.

The Company reported total quarterly revenues of $7.38 billion, a decrease of $49 million, or 1%, from the $7.42 billion of adjusted revenues (1) reported in the prior year. The decline compared to last year’s adjusted revenues reflects higher affiliate and advertising revenues at the Cable Network Programming and Television segments that were more than offset by lower revenues generated at the Filmed Entertainment segment due to lower home entertainment revenues and the absence of revenues from Shine in the current quarter. The adverse impact of foreign exchange rates in the current quarter impacted adjusted revenue growth by $207 million, or 3% in total.
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