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Fox Entertainment Meets First-Quarter Estimates

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Fox Entertainment Group

(FOX) - Get Fox Corporation Class B Report

reported first-quarter income that was in line with Wall Street's estimates, but fell slightly from a year ago.

Before the effect of an accounting change, first-quarter income was $36 million, or 5 cents share, matching analysts' estimates, according to

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First Call/Thomson Financial

. The company earned 6 cents a share in the same period a year ago.

Revenue rose to $1.83 billion from $1.80 billion last year.