Fox tops estimates as 'Deadpool 2,' cable earnings drive gains
Updated : August 09, 2018 07:17 AM IST
The cash-and-stock transaction has already won approval from US regulators, but awaits the green light from more than a dozen countries, including China, Russia and regulators from the European Union.
The Indian Premier League, a hugely popular cricket tournament airing on Fox's Star India and watched by over a billion viewers, drove a 55 percent surge in international advertising revenue.
On Tuesday, Fox triggered a 46-day deadline to raise its bid for Sky in a battle with Comcast. The company now has until Sept. 22 to trump Comcast's offer for Sky.
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