21st Century Fox Beats Estimates Thanks to Cable TV

The transcript discusses the pending acquisition of Sky, highlighting the plans and potential closure by June 2018. It then shifts focus to Fox News, noting its high ratings due to the Trump bump, despite some primetime losses. The financial performance of 21st Century Fox is examined, with revenue and operating income surpassing estimates. The discussion concludes with the leadership transition to James and Lachlan Murdoch, their strategic shift towards a centrist approach, and the potential impact on Fox's audience and ratings.

What was the expected closure date for the Sky transaction?

• August 1st, 2018

• July 1st, 2018

• May 30th, 2018

• June 30th, 2018

Which network is currently the highest-rated news network?

• BBC

• Fox News

• MSNBC

• CNN

Despite some primetime losses, what aspect of Fox's business remained strong?

• Upfront ad sales

• Merchandise sales

• Social media presence

• International viewership

Who are currently running the company and trying to shift its political stance?

• Rupert Murdoch

• Roger Ailes

• James and Lachlan Murdoch

• Tucker Carlson

What is the potential risk for Fox if they lose their current political affiliation?

• Falling behind MSNBC and CNN

• Loss of international markets

• Decreased advertising revenue

• Increased competition from BBC