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Business - Fox says U.S. cable customers like bundles, pay-TV strong

Twenty-First Century Fox President Chase Carey said on Wednesday `a vast majority of customers want a bundle of channels` rather than to cherry pick networks, an option cable providers are increasingly offering in the face of declining subscriptions. Carey, who is also co-chief operating officer, made the remarks during a quarterly earnings call after Fox posted a 1.2 percent rise in adjusted revenue, helped by growth in its cable network business and the box office success of `Taken 3` and `Kingsman: The Secret Service.` Letting consumers choose what networks they would like to pay for `a la carte` rather than a pricey cable subscription that includes hundreds of channels is a trend that is pitting cable providers and networks against each other. Verizon Communications Inc is the latest distributor to challenge the traditional pay-TV universe when it launched in April a new slimmed-down package of channels with the option to add on genres such as sports, kids or news.

Wednesday, May 06, 2015  23:38


Business - Fox revenue rises 1.2 percent as cable network business grows

(Reuters) - Rupert Murdoch-controlled Twenty-First Century Fox Inc reported a 1.2 percent rise in quarterly adjusted revenue, helped by growth in its cable network business and the box office success of `Taken 3` and `Kingsman: The Secret Service`. Net income attributable to shareholders fell to $975 million, or 46 cents per share, in the third quarter ended March 31, from $1.05 billion, or 47 cents per share, a year earlier. Revenue fell to $6.84 billion from $8. ...

Wednesday, May 06, 2015  21:47


Business - Get ready for two more seasons of `The Simpsons`

Homer lives to say `Doh` another day! Fox network announces 27th and 28th seasons of the award-winning animated comedy.

Wednesday, May 06, 2015  06:10


World - Spain to invest $1.5 billion in commuter train service

MADRID (AP) — Spain says it will invest 1.3 billion euros ($1.45 billion) in improving its commuter train system, the biggest such investment since the service began two decades ago.

Wednesday, May 06, 2015  11:05

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