Affiliate revenue grew 13% and 42% at the domestic and international cable channels, respectively. Domestic network growth reflects higher rates across all networks, led by growth at the Fox News Channel and RSNs. Approximately 40% of the international affiliate revenue increase reflects strong local currency growth at the non-sports channels at FIC and STAR. The balance of the growth was principally from the inclusion of Fox Pan American Sports (“FPAS”) and Fox Star Sports Asia, partially offset by the impact of the strengthened U.S. dollar.Advertising revenue at the domestic cable channels grew 8% in the quarter over the prior year period driven by growth across most networks. The international cable channels’ advertising revenue improved 29% from the prior year quarter. Nearly two-thirds of the international cable revenue increase reflects strong local currency growth at the non-sports channels at FIC and STAR. The balance of the growth was from the inclusion of FPAS and Fox Star Sports Asia, partially offset by the impact of the strengthened U.S. dollar.
News Corporation Reports Second Quarter Earnings Per Share Of $1.01 On Net Income Attributable To Stockholders Of $2.38 Billion
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