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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Fox Corp. Rides Ad Sales Boom From Sports And Political Coverage In Strong Fiscal Q2 Report

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deadline.com

Fox Corp. exceeded Wall Street expectations in the October-to-December quarter, riding a surge of advertising revenue from news and sports.

The company posted earnings per share of 81 cents and revenue of $5.08 billion in its fiscal second quarter, which ended December 31.

Wall Street analysts’ consensus forecast was for revenue of $4.82 billion (+14%) and earnings per share of 64 cents (up from 34 cents in the year-earlier quarter).

The October-to-December quarter included significant ad revenue from the presidential campaign as well as significant ad sales tied to Major League Baseball playoffs, college football and the NFL.

Read more on deadline.com
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