21st Century Fox Posts Higher Profit on Increased Revenue, Sale of Sky Stake
 

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21st Century Fox Inc.’s quarterly profit rose on gains for the company’s cable networks and movie business and the sale of shares in Sky PLC.

The New York-based media company is in the midst of a major overhaul, including the sale of its Hollywood studio and other entertainment assets to Walt Disney Co. for $71 billion and its stake in European content and distribution giant Sky.

21st…




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