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 are the implications of the pending purchase of public shares of Sky?

How has the Trump administration affected Fox News ratings?

Discuss the financial performance of 21st Century Fox in the fourth quarter.

What strategies are James and Lachlan Murdoch implementing at Fox?

What challenges does Fox News face in maintaining its audience?