Higher ad sales counter film losses at Fox as Disney deal looms

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Increased advertising sales in the run-up to the 2018 midterm elections helped offset lower film earnings at 21st Century Fox in the third quarter.

Companywide, revenue at the New York-based media conglomerate grew to $7.2 billion, while profit soared 50 percent to $1.29 billion, or 69 cents per share.

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