Lionel Bonaventure | AFP | Getty Images Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors. The company said its adjusted profit for the quarter was 62 cents per share, beating analysts’ estimates by 3 cents a
Earnings
Pedestrians walk by the American International Group building. Ramin Talaie | Bloomberg | Getty Images Insurer American International Group beat Wall Street estimates for quarterly profit on Wednesday, boosted investment income, sending its shares up 2.7% in extended trading. A strong performance in commercial and personal insurance in regions outside of North America helped the
A person exits the Viacom offices in New York. Lucas Jackson | Reuters Viacom, the owner of MTV, Comedy Central, and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic advertising revenue. Net income attributable to Viacom rose to $544 million, or $1.35 per share, in the third quarter
Dark Phoenix Source: Walt Disney Studios “Avengers: Endgame” may have become the highest-grossing film of all time, but Earth’s mightiest heroes weren’t able to boost Disney‘s studio earnings above analyst estimates in the third quarter. In fact, “Dark Phoenix,” a film obtained by Disney during the 20th Century Fox acquisition earlier this year, was the
Disney is set to release its own streaming service, Disney+, on November 12, and on the same day it will also offer a deal bundling Disney+, ESPN+, and Hulu, the company announced on Tuesday. The price for that three-piece bundle? $12.99 per month — the same price as a Netflix standard plan. According to Disney