Fox advertising, streaming service Tubi get boost from World Cup
Fox Corp. posted strong financial results for its fiscal fourth quarter and full year, with the FIFA World Cup tournament serving as a major revenue driver. Overall revenue reached $4.21 billion, representing a 28% increase year-over-year. Advertising revenue experienced particularly robust growth, climbing 78% to $1.92 billion, with the World Cup and performance of the Tubi streaming platform cited as primary contributors to the gain.
The World Cup broadcast and streaming operations attracted