Fox Corp. Sees Profit Tumble on Higher Content Expenses as Revenues Rise

For Finnish director Juho Kuosmanen, it was always an ambition of his to shoot a film on a train as well as a film in Russia. So, when he first read the 2011 novel Compartment No. 6 by Rosa Liksom, he was immediately compelled to take it to the big screen.

Dominion Voting Systems filed suit this week against Fox Corp., as it seeks to establish that Rupert and Lachlan Murdoch bore responsibility when Fox News guests and personalities made false claims about the election systems company’s role in the 2020 presidential election.

Dominion Voting Systems filed a new lawsuit against Fox Corp this week Dominion Voting Systems Inc. sued Fox Corp.

ITV chief executive Carolyn McCall has hailed an “outstanding” nine months of this calendar year following a 28% increase in revenues to £2.4BN ($3.3BN), although total TV viewing declined by 5%.

Jeremy Bobb (Russian Doll, The Knick), Xander Berkeley (The Walking Dead, Air Force One), Rachel Keller (Legion, Fargo) and Oscar nominee Paul Raci (Sound of Metal) will join Nicolas Cage and Fred Hechinger in Butcher’s Crossing, the Western directed by Gabe Polsky, which has just wrapped production.

Brian Steinberg Senior TV EditorNBCUniversal has taken viewers to a little house near Walnut Grove, Minn., a police station on Hill Street and to whatever locale hosts the Olympics.

Fox is out with midseason dates for its new series Monarch, The Cleaning Lady and Joe Millionaire: For Richer or Poorer along with the returns of 9-1-1 Lone Star and I Can See Your Voice.

Brian Steinberg Senior TV EditorAMC Networks said an surge in the production of new programming helped boost its operations in the third quarter, resulting in a boost to profit as the company works to place its content in an array of new venues to court the rise of consumers interesting in streaming.The New York owner of the AMC, IFC and SundanceTV cable networks and distributor of the “Walking Dead” series, said net income rose to $110.6 million, or $2.60 a share, compared with $61.6 million,

Brian Steinberg Senior TV EditorViacomCBS said third-quarter profit declined as it invested in more content for streaming audiences, but noted that its revenue from just that consumer activity was on the rise, with 4.3 million new subscribers to its broadband outlets added during the period.The New York owner of the CBS broadcast network, the Showtime premium cable network and outlets such as Nickelodeon and Comedy Central said third-quarter net income  fell to $538 million, or 80 cents a

ViacomCBS saw some nice streaming increases in the third quarter of 2021, when Paramount Pictures still didn’t pitch in all that much. Not from movie theaters, at least.Wall Street had forecast ViacomCBS earnings per share (EPS) of 76 cents on $6.57 billion in revenue, according to a consensus estimate compiled by Yahoo Finance.

“Joe Millionaire” lives again.

Michael Schneider Variety Editor at LargeThe slurp that rocked TV two decades ago is making a comeback. Fox is dusting off the “Joe Millionaire” franchise to launch “Joe Millionaire: For Richer or Poorer,” a reboot of the franchise that will debut in January 2022.

Joe Millionaire, the controversial reality dating series that launched on Fox in 2003, is being rebooted.

Fox Corp. posted a strong September quarter including a 12% pop in sales to $3.05 billion, beating Wall Street forecasts and fueled by a 17% uptick in ad revenue, citing continued growth at Tubi, the return of a full schedule of live events at Fox Sports and more scripted programming at Fox Entertainment — all versus last year when the industry was still staggering under Covid.

Brian Steinberg Senior TV EditorDiscovery said its third quarter profit tumbled significantly due to higher expenses for its broadcast of the 2021 Summer Olympics and costs associated with its new direct-to-consumer businesses, even as its traditional lines of revenue increased and it added three million more subscribers for its streaming-video operations.The company is slated to take over WarnerMedia, currently owned by AT&T, in a transaction that is expected to be complete by the middle of

Brian Steinberg Senior TV EditorThe round-table show “The Five” has proven to be one of Fox News Channel’s most durable properties. And yet, after a decade on air, the late-afternoon program can still surprise even the most veteran executive at the Fox Corp.

Ross County have been told to put their bill into SPFL chiefs after the late cancellation of Saturday’s clash with Hibs.

The summer of 2021 saw Manchester United make a tough decision, opting to sign one England international over another.

Brian Steinberg Senior TV EditorCarley Shimkus will take up the co-anchor seat on “Fox & Friends First” opposite Todd Piro after Jillian Mele announced Friday that she was leaving the early-morning program.Shimkus has been a reporter for Fox News Headlines, a co-host on the Fox Nation streaming service and a substitute host on Fox News Channel. She joined Fox Business Network in 2009 as a production assistant and was later promoted to associate producer.