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5 months ago

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Fox Corp profit drops nearly 33% on higher expenses, ad slowdown

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Fox Corp profit drops nearly 33% on higher expenses, ad slowdown

Fox Corp reported a near 33% drop in first-quarter profit on Thursday due to a slowdown in political advertising and higher expenses stemming from the broadcast of the women's soccer World Cup as well as investments in its digital platform.

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Fox Corp profit drops nearly 33% on higher expenses, ad slowdown

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Fox Corp profit drops nearly 33% on higher expenses, ad slowdown

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