Murdoch’s Fox Confident On Sky Takeover
Rupert Murdoch’s media-entertainment giant 21st Century Fox reported Wednesday a dip in profits in the past quarter while expressing confidence on winning approval for its takeover of pay-TV giant Sky. Profit in the January-March quarter fell 3.5 percent from a year ago to $799 million, while revenues grew 4.7 percent to $7.56 billion. Shares in … Read more