Reuters: Technology News: Fox reports higher profit and revenue on cable increases

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Fox reports higher profit and revenue on cable increases Aug 6th 2013, 20:14 Tue Aug 6, 2013 4:14pm EDT (Reuters) - Rupert Murdoch's newly separated 21st Century Fox reported higher revenue and profit because of growth at its cable operations and film studio. Revenue rose 16 percent to $7.2 billion for the quarter ending June, compared to the same quarter last year, the company said on Tuesday. Net income was $977 million, or 42 cents per share, from $596 million, or 25 cents per share, in the same quarter last year.

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